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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (41161)1/24/2011 2:54:28 PM
From: CusterInvestor  Read Replies (1) | Respond to of 78666
 
AEI.to announced placement today

15.79 million shares at.95C



To: Paul Senior who wrote (41161)4/29/2011 10:05:01 AM
From: Paul Senior1 Recommendation  Respond to of 78666
 
Arsenal Energy (AEI.to/AEYIF): Stock continues to fall. I'm adding more in accumulating a full position.

Company has said net asset value is now (2010) at $1.36. That's down from $1.47. Company also predicts 3000 boe/d exit rate in 2011; 85% oil. That's down from 3300, their previous prediction.

With stock now about C$.85/sh (162M sh. out.), it's still a good buy. Imo.


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