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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ChanceIs who wrote (91252)9/28/2007 11:55:34 AM
From: KyrosL  Read Replies (1) | Respond to of 206330
 
I looked at their financial statements. They are pretty simple. It seems to me their $5+ book value is legitimate. Even at the current price of $2.80, it still looks like a 2 for 1 sale on oil and gas. Management is clearly incompetent, but are they dishonest? Or incompetent enough to blow the rest of the book value at the time when oil and gas are going up?

BTW, thanks for bringing ENT to the attention of the thread. I didn't even know they existed until your post about them dropping the dividend.