Replies to post #2740 on Value Microcaps Junior Energy

[nsomniyak]

hope you are right, I own some POE

[crk]

cl, Many Thanks. Much appreciated.

-crk

[cl001]

HPX.to/HPNOF.pk
This one recently reported cashflow of $1.08/share. Q1 average production is 19,331 boe/d, April 20,600 boe/d with 500 boe/d shut-in. It is trading at less than 3 times cashflow, very cheap. The company just announced buying back shares:
http://biz.yahoo.com/cnw/080512/highpine_common_share.html?.v=1
It was trading at 25 in 2006. I am looking for it to go back to 25 area this year.