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cats

08/20/07 4:24 PM

#30448 RE: lemmy #30443

US Energy (USEG) - US Energy is involved in a handful of businesses but their main business is in acquiring, exploring, developing and/or selling or leasing mineral and other properties. I can't figure out why they are down, most likely because most of the other miners are down as well. But here is the breakdown, they have $4.44 of cash and short-term investments and marketable securities on their books net of debt. They are currently trading for $4.60 a share. Insiders own 19% of the company.