Monday, October 13, 2014 2:33:23 PM
It's a very tiny O & G that's thinly traded without much marketing.
IMO the bottom has been around the .05-.08 in that range of bands...which isn't much money. Now that they are fresh with capital...we'll see what they do with it. I believe they will put it to smart good use.
IMO the long multi-year slide is over and eventually could reach back up to the .40's...then if it's managed correctly could hit .50 and north. I'm still acquiring bc 8's are still cheap to me as a value investor.
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