Value Microcaps Junior Energy

[UIC Jeff]

TGA +0.34 3.86%/$9.15 On Egyptian government payback announcement

As Ross predicted Egypt in the CC looks like Egypt will make a nice size payment in Q4. The estimates they gave was about 50 million. They also have quite a bit of cash flowing from operations even after good size development and exploration budget. The company is also looking at paying a regular Dividend. Announcement to be made in Early 2014 according to Ross.

I still like TGA's prospects in the 9's.

I've been posting and buying since Sept/Oct. I think Ross has delivered and will continue to grow TGA. I'm looking for a rise to $12 a share next year, with a potential to return to $17-$20 in a few years if the have good exploration results in 2015 (And Egypt stabilizes)

Looking for a very good 2014.

Thoughts?
Jeff

A few links:
Overblown Geopolitical Risks Make TransGlobe Energy A Compelling Investment

Egypt woos Gulf investors, promises oil repayments