Value Microcaps Motherboard

[cliffvb]

PYR- I was loading up today as it looks like a buy to me here.

Compare it with ASPN, a longtime board fav:
ASPN's physical reserves dropped last year while PYR's grew by 28%.

ASPN has a mkt cap about 16% less than PYR, while their gas reserves are 39% less, and their oil reserves are a tiny fraction of PYR's.

PYR is listed on the amex while ASPN is a BB stock.

PV10 value of PYR is $28 Mil vs. $5.7 mil for ASPN.

PYR earned 4c last quarter vs 6c for ASPN.
Note: PYR's earnings were untaxed while ASPN's were taxed (ASPN earned 10.7c last Q bf tax)

PYR's annualized PE based on last Q is 6.
ASPN's annualized PE based on last Q is 19.
ASPN's annualized PE based on untaxed earnings is 11.



Some would argue that PYR is still overpriced vs. the reserves but with them growing substantially, I rather doubt it.

PYR has been beat up of late due to Wellington fund dumping over 2 million shares. Once that selling dries up, I expect PYR to revert to fair value which is well north of the current price. While it hit a new 52 week low today, the fact that it closed above it is a positive.

Caveat emptor: All of this is IMO and I could well be wrong..