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Thread: Junior oilers

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  1. #1
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    Default

    NXS - Booked drills, tasty assets, pretty under-valued.
    HZN - producer next year, currently drilling a largish target.
    PRE - Gold and Oil
    CTP - One day, they will drill something lol.

  2. #2
    Guru Crypto Crude's Avatar
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    Default Add to that list

    TDO
    KTE
    BUR
    CUE

    .^sc

  3. #3
    SRV is a God STRAT's Avatar
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    Quote Originally Posted by Shrewd Crude View Post
    TDO
    KTE
    BUR
    CUE

    .^sc
    BUR is looking very cheap Shrewdy. I guess the big question is when will it turn?

    Soon I recon
    Last edited by STRAT; 28-12-2007 at 03:41 PM.

  4. #4
    Senior Member Serpie's Avatar
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    Christchurch, , New Zealand.
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    Default Bur

    BUR keeps getting cheaper Strat/SC.
    15c is yet to be broken, but it's getting close again.
    All BUR followers are mystified as to why the market won't acknowledge it. Nice to see it popping up on a few lists for te 2008 comp.

  5. #5
    Member ELYOB's Avatar
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    Unhappy ....reality cheque !

    Dont be surprise to wake up one day to find some junior oilers revised downwards in price . This check in the pumped-up prices has got to come , and denial is going to be fatal for one's bank a/c .

    Logic is in 2007 midcap producers were punnished with any mistake in any quarterly , whereas reserve only explorer(s) were price driven in the multiples . It should have been the other way round with oil near 90-100$bblo....

    NXS is one that is way over-priced, whereas ARQ is priced fairly for example .

    dyot

  6. #6
    Senior Member
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    Hi Elyob, please explain to me why NXS is overpriced. They'll be on a P/E of 2.8 in 2011 according to the Shaw brokerage report...
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

  7. #7
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    NXS has much bigger reserves then ARQ

    ARQ does look cheap'ish at the levels though, maybe time for a bounce despite all the bad luck they've had recently.

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