Buccaneer Energy Ltd. (fka BCGFQ)

[DeepDownResources]

I think the performance speaks for itself. The shareprice is sitting under 4 cents. The assets are apraised at 350 million. The analysts say that the stock should be at 10 cents and that this is undervalued. I think if Cosmo hits and these issues with the shareholder meeting are resolved, this stock shoots to 10 and maybe 12 cents.

That’s why I am watching. If the others get ahold of it, it goes to 2 cents, becomes very cheap and goes private.

I guess there is always a risk, that’s why they call it speculative investing!