Replies to post #793 on Escalera Resources Co. (fka ESCRQ)

[Apophis]

ESCRP up 23% on that 8K news, once the CH11 is filed then this will explode. I think the preferred will rise 500% over the next month.

[CalderQuacks]

With net assets at $30MM (Tot Assets-Tot Liabs) and only ~14MM shares outstanding, book value of the shares is just over $2/share.

A company could probably acquire ESCR for ~$1-$1.50/share IMO