Value Microcaps Junior Energy

[stock_peeker]

INA board on InvestorVillage is pretty active. I own some (underwater) and am encouraged that the new CEO and Chairman of the Board will be able to turn it around. They want to buy producing assets that improve cashflow, plus want to refinance significant debt. Timing may apply as the Scottish independence vote this week could impact stock price.

Oiljack at IV has put a lot of time and money into INA, but he wanted the company to put itself up for sale prior management changes.

It seems undervalued but Huntington production has not been as predicted, thus CF has been underwhelming. They still own some great prospects and could do very well over the next year if they don't run into problems with existing debtholders.