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Gold/Mining/Energy : USEG - U S Energy Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (87)12/28/2013 7:25:15 PM
From: Tejas77  Respond to of 98
 
Hi Paul,

I just got in from the deer lease. I was happily surprised to see USEG has really been poping the last couple of days. Sorry that you turned your paper loss into a real loss. I did the same for a while but once the company sold the jet, got permission to move forward on Mt. Emmons permit process, and were earnestly working to lower G&A I repurchased all shares. Got back in a little lower than I exited and it was after 30 days so I still get the loss on taxes this year in my cash accounts but most of the shares are in IRA accounts. Long term gains won't help there in this accounts but I'll be glad to pay the taxes as long as I return to green.. With the move over the past 2 days I am very close to getting even.

I believe this is still very early in the move but you know how these birds have disappointed before. I think there are just too many things going for them at such a depressed share price that we will continue to move at least back over $6. Sure hope I'm not viewing things with my old rose colored glasses. I an still hoping for news on Mt. Emmons being sold or JV'd sometime soon and I think that would make for a nice pop also.

It's nice to be back posting on SI