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Mr. Zen

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Mr. Zen

Re: SAMNOTSAMUEL post# 707

Wednesday, 09/21/2005 9:28:59 AM

Wednesday, September 21, 2005 9:28:59 AM

Post# of 1197
SAM the thing with Tandem, since they went public last March they have not promoted the company, expected revenues this year are $1.19 per share, Once they have proven reserves and proven audited submitted then investors will be able to put a value on the company, right now the p/e ratio is about 3(+/-).
That is way uindervalued for a o&g company.
Projected revenues for 2007 are 72 million.

so to answer your question of production increases I will have to check on that. they have the acerage and they have 2 inhouse drill rigs,

There is no substitute for conducting your own research

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