Value Microcaps Junior Energy

[Bobwins]

The frequency of my posts must give me away!

You just named my three biggest positions.

SDCJF.pk Excellent mgmt and opportunity for continued high energy prices. If they hit it big in the Niobrara, this could still go up by multiples. BUT I bought at an avg of .24 so I am not adding. I put my relatives in at .60. Looking forward to 114 Bakken wells being drilled in 2011 and the start of Niobrara program.

Mart, mmt.v, Still cheap by any fundamental measure and about to get a LOT cheaper when UM-7 is completed. I am overweight Mart but have bought it fairly recently because of it's stubborn refusal to take off.

LEA.v/ldrxf.pk I think Leader has risk because of lower trading volumes but they are the best fundamental trade because of actual profits vs stock price. .08eps in Q3 should lead to a double/triple in 2011 for the stock. Company has told us to expect better results in Q3 and Q4.

I would probably buy based on "value" in this order:

LEA.v, MMt.v, Sdcjf.pk.

All three of these have runup from their lows so these aren't dirt cheap but all have big earnings upsides that should lead to multiples from here. I am digging around for cheaper stocks that haven't run yet but can't say I've found something that will challenge these three just yet. Good luck and good to hear from you. Bobwins