Lion Energy imo is still a young oil company and should be treated as such until they start putting out p/r's saying diffrent, i'm in long for the fact that they still own a small part of Encanta [potash] and have now shifted towards Africa oil and already own stakes in 2 blocks.
The share price imo is dirt cheap right now [.24 - .25] but an interesting note is that they signed Senergy an IR firm wich took EVG.V from .40 to almost 2.00 last summer, just saying they have a good track record.
It also depends on wich b-board you read as some are arguing over what the company is doing ie: metal based and going into gold or an oil company now, there are arguments either way depending on wich p/r you read.
snowwolf
snowwolf
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