Dejour has loads of good news and there is no reason to believe it won't continue ,...but.... With revenues growing ,it seems the Executive of the company see no reason to lower their Executive Compensation . The E.C. ,which in my opinion and most obviously the opinion of Institutional Investors ,...has been grossly inflated ,these last 5 years or so , to be nearly the same as Production Companies that make money and even pay shareholders a dividend.
Now that Dejour likely will make money and have positive cash flow, Why would they decrease their E.C. . ? I mean , they can always dilute if enough revenue doesn't cover G&A. Sad .
Dejour is a Strong Buy ,only because the assets are currently worth about 4X the share price . Even with as high as ,40% discounts being placed by industry pro's on evaluation of mineral assets , it still says Dejour stock is worth 60 cents a share . The 3 industry analysts ,presently covering Dejour , seem to agree.
The analysts want what I want. An Executive team that can make Dejour a profitable long term investment. They have the properties to succeed ,if only the Directors and Management will allow the company's revenues a chance to do something for ALL the shareholders. Like self fund some development ,instead of worrying about how to keep executive talent ,as if that's really an issue .
It is my contention that Dejour is a STRONG BUY , because the natural gas industry is only going to improve and the large retail base can eventually force the company Executive to put Dejours assets ,....in play.,...I just hope all the value hasn't been surrendered to the chosen few. Time to act is fleeting ,imo.
