Replies to post #45996 on Savvy Trades and Investments

[researcher59]

Wade: EGY +.10 to 1.01, was a much better buy when I first posted back in late December at $0.71. It's now already hit my 6 to 12 month price target. Still attractive but risky. Reserves remain very low. No comparison to AXAS which is much safer as a US company with huge reserves versus EGY offshore west Africa with depleted reserves.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137188873&txt2find=egy

I have just a very small position, but now wish I had loaded up at $0.70 back in December.

[SSKILLZ1]

AXAS

is a way higher quality company. First of all you don't have the political risk of where it is located, being a US company with their operations. Secondly AXAS has much better reserves. Thirdly, I think that .04 will proven to be low, But here is why I love AXAS I think they earn about .40-.45 in 2018 based on increased production, that deserves a 10 multiple hence I feel it is worth at least $4.00 in my opinion as long as oil stays high around $60 with them realizing about $55. All is just my opinion, and I could always be wrong though.