Saturday, March 28, 2015 5:56:28 PM
When the industry prices are low that statement always rings true. So, when the energy prices are high, does that mean low quality assets with least leverage to the worst parts of the worst plays with weak balance sheets, weak operating and financials-will still perform well? LOL
The reality is that in the OTC small cap markets you are speculating on long term results, knowing full well that no matter the energy industry situation at that time, you can take off on any new project, new financing found, or added management, etc.
$BAYP has found just that. They are invoolved in new leases, expansion of current leases, great new JV projects and deals, and shortly added management.
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