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Re: yonuu post# 6475

Saturday, 06/28/2008 6:07:28 PM

Saturday, June 28, 2008 6:07:28 PM

Post# of 9742
NCEY can be a $5 stock. Most companies trade at 2 X their reserve values. With 1.6 MM BOE proven reserves, NCEY should be valued conservatively at 2 X $160 MM or $320 MM.