Camber Energy Inc (CEIN)

[UHCougar]

Considering Josh was actually on the board at Lucas and has an existing/ established relationship with management, I feel his argument is much more credible then Black Gold, who is your average poster. I've glossed over your posts on other companies and could not find one positive comment on a company you follow. I've not bought back into LEI because they are a negative cash flowing company. I bought back in because new management has made tangible changes that point to a positive direction for the company. The fundamental reason for me is that there is more upside then downside for this company. Even if management decided to sell their PV-10 proved reserves at a 25% discount, that still represents a 275% premium to current PPS.

http://seekingalpha.com/article/1538032-an-eagle-ford-oil-company-trading-for-less-than-1-3-of-its-proved-reserve-value?source=google_news

http://seekingalpha.com/article/1564332-important-but-unpublished-news-for-these-oil-and-gas-companies?source=google_news

http://seekingalpha.com/article/1548462-eog-ips-the-biggest-well-in-the-eagle-ford-implications-for-lucas-other-eagle-ford-companies