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LDC

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Alias Born 11/25/2006

LDC

Re: bigcoinman2002 post# 12993

Saturday, 01/26/2008 11:05:03 PM

Saturday, January 26, 2008 11:05:03 PM

Post# of 20456
If we used USSU as a yardstick on how to fairly value an oil/gas producer, ALRY would be trading at $4 per share imo. How did I come up with that you ask? Outstanding shares of both companies 68,000,0000. ALRY produces 2000 barrels oil per month, USSU 350. 2000/350 = 5.7. ALRY would be trading at 5.7 times USSU or $4.00 per share based on production. Forty or fifty cents for ALRY sounds more reasonable imo.