Value Microcaps Junior Energy

[cartonet]

IOX.OL INTEROIL EXPLORATION & PRODUCTION ASA (INTEROIL)
ENTERS INTO LETTER OF INTENT (LOI) TO ACQUIRE OTG
ENERGY

http://www.newsweb.no/index.jsp?messageId=156379

IOX.OL = USD 182 Mkt cap

What do you get for that price?

+ 10k/bpd exit 2007 rate production and about 13M barrels reserves

if that weren´t cheap enough.... just check out their already financed/paid for exciting African acreage .. http://www.interoil.no/

I believe everyone should own some IOX at least. So we can celebrate a 10 bagger in 3 years.

comments wellcome


cheers