Value Microcaps Junior Energy

[stock_peeker]

MILL.ob had a great qtr no doubt. However, now that they have all those assets and have remarked on their high book value in a PR, I don't know what else is in the bag of tricks to make it go higher from here, except .... INCREASING PRODUCTION (the hard part)!!!

I sold half today at 4.75 and bought it all back at 4.50, so I'm happy about that, but going forward ... ????

Miller needs to be more vocal about their detailed plans for the future. Just thinking out loud here, but if they don't have the money in place to pay for rapid development of their leases, their business plan may be to sell off some of their recently acquired Alaska assets (at discount) to provide development capital for areas they think should have the best long-term production potential.

glta,
'peeker