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Re: jugs post# 75

Thursday, 08/14/2014 3:14:37 PM

Thursday, August 14, 2014 3:14:37 PM

Post# of 103
jugs, iilhabela, et.al., just for full disclosure, while I was a stockbroker for 20 years, never had I purchased an O&G, nor gold/silver company in that time. In past couple years I am making up for that lack of exposure. I may have mentioned in a past post that I found Caza from a free newsletter, SAAdvisory.com. The guy there is very astute when it comes to O&G plays. That led me here and now I am excited about LNREF. I have owned ZPTAF since the high $2's thanks to SA Advisory, along with MAUXF. I am still trying to figure out how to value oil plays what with cash flow EBITDA, EPS, market cap and different P values for oil in ground, etc. Very confusing. Thus I try to get around to different boards and gleam what I can. I am thankful for you guys sharing your ideas and methodology for valuations. The stockhouse board has some good posters also. Forgot to mention FOLGF and PTAXF. Look forward to more analysis on results from those of you who have been around the block a couple times. Still don't know what multiples to put on cash flow and EBITDA.

T

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