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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock -- Ignore unavailable to you. Want to Upgrade?


To: Leigh McBain who wrote (1156)1/27/1998 9:07:00 AM
From: Wink  Respond to of 2011
 
Got the business plan by email this morning. Looks good.

Comparative P/E ratios suggest at least 20:1. If they earn the $0.38 Cdn in 1998, this would imply a $5 US stock price by next year. Also, with the Taylor name and expansion coming with water rigs, I would hope for twice this in the next few years. Finally, we are on our way.

I did like all the references to growth not coming at the expense of shareholders (maybe we won't get diluted too much from here forward), lets hope that this part is not just talk! ;>)