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

To: E_K_S who wrote (49566)	9/25/2012 10:15:11 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78476

Alaska e&p/MILL. I've maintained my few MILL shares from 2010-2011. There was -- maybe still is -- a big concern by investors when lavish lifestyle and background of head guy was revealed. Although the stock seems to have overcome that, the negative reports about him weakened my interest in building up or keeping anything but a speculative and very small position. Any ideas of potential plays for the Alaska NG theme other than a major like Royal Dutch? Yes, my play there is BCC.ax. This seems to be a typical small Australian e&p company in the sense that it trades for mere pennies, yet there are over 800 million shares out. Info on Buccaneer can be found here: buccenergy.com Nat gas in Alaska sells for more than in the lower 48--- the glut here doesn't seem to be there. Not sure I want to call BCC a value stock. Interesting (to me anyway) speculation though. I am an occasional buyer of shares as I build up a small position.