Powder River Petroleum International Inc (fka PWDR)

[Milen]

I want to make a small comment...

The company's Net Tangible Assets have been increasing with about $3 million per quarter (at least for the past 4Q). Meaning this quarter they should be at or around $22 mil

At the current price we are buying $1 of the company for $1.5 (and this $1.5 is producing income and you still have your $1 left backed by the company's assets) this should be normally at $3+ meaning the stock should trade at $0.46

If the SP drops to $0.165 this company will trade at its book value

The company has Very strong balance sheet. No matter what is said about the company on this board and no matter how you look at the company it is Definitely undervalued. Unless I'm blind or someone on this board knows something I don't...