SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Grantcw who wrote (36554)1/28/2010 12:09:59 AM
From: Paul Senior1 Recommendation  Read Replies (2) | Respond to of 78741
 
Afaik cwillyg, there may be a few microcap e&p's below nav, but none trading at such a discount as ATPG.

Where I find e&p's below nav (pv-10 reserves, discounted), I am a buyer. Not anywhere near the extent though as with my position in ATPG, a company which seems like it is going to garner large revenue increases fairly soon (I hope) when their fields are hooked up.

I hold also GEOI now. Nav is about $19/sh (per p.8 of presentation) vs. stock about $13.

georesourcesinc.com



To: Grantcw who wrote (36554)1/28/2010 3:55:46 PM
From: Madharry  Read Replies (1) | Respond to of 78741
 
really licking my wounds now- belatedly sold out of chk and pwe.