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JustForFun7

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JustForFun7

Re: 2morrowsGains post# 14641

Thursday, 03/13/2014 2:20:46 PM

Thursday, March 13, 2014 2:20:46 PM

Post# of 17739
KUB.v

yes Kub fundamentals continue to improve as they said they would. Reserves will be updated later this month.

There were more comments about the natural gas prices Cub Energy is getting in the Serinus copy of the press release. The devaluation of the Ukraine currency is eating into the price they get but it is still very good. Should improve even more next month as Russia terminates the subsidy officially on April 6th.

Talk of Crimea nationalizing assets (railroads and such). This may just be posturing but it is enough to make the market nervous. We will have to wait for the dust to settle some more before we see an increase in the KUB share price. The bids are building up OK though (people waiting for a drop in the share price).

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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