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Re: SOUTHPEN post# 2514

Tuesday, 11/13/2012 10:54:21 AM

Tuesday, November 13, 2012 10:54:21 AM

Post# of 3745
There seems to be a concerted effort to attack the company will little or no research into the company assets, operations, or management - the things that really matter with a small cap stock, particularly a hydrocarbon exploration and development company.

The book value of the assets is $1.44 per share (http://finance.yahoo.com/q/ks?s=DEJ+Key+Statistics). Operations are moving into the development stage of those assets. Management may have their failings -promising too much too soon - but that is factored into the price of the stock. If the company had to go chapter 7 tomorrow you would still make money. Not really seeing a huge downside here.