ACL Profit re: sme.v and krs.v
I respect Crossy a lot. He typically does a lot of DD on his energy stocks and knows a lot about stocks worldwide. Since he isn't from US, he has a wider vision than some of us.
sme.v is strictly a jockey play. Like going to the track and betting on all the horses that a particular jockey rides. Could be a dog but jockey has good track record and probably won't bother to mount a dog. China/Mongolia adds a little spice and the stock has been hyped by internet newsletters.
I would say there is no basis other than the credentials of the CEO to buy this stock. Can't get much info about Mongolia CBM but we know they would suck up the energy if they find it. I have no opinion on this one other than I don't know. No production, no financials. Crossy is a plus but you would have to be patient.
Krs.v may be something you could get some numbers on. Existing production would allow you to at least get some valuations of the stock price vs reserves or production or eps. They are purchasing another ukranian oil company that is producing 4 or 500 bpd so their production will triple from current 238?? I don't know how many shares outstanding. Will have to do more research. Stock has more than doubled since announcement of purchase in October. Ukraine just had scary election and politician poisoned by KGB. That probably isn't going to help your stock price. Will do some more tire kicking and try to report today or tomorrow. Bobwins
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
