EBAYaim...re SAH.v I responded but was probably too quick on the trigger. I read the financials from 3/08. They are pretty grim but then I just read the MD&A and it's more positive with subsequent sale of property that reduced the a/p by 1.5 million and bank debt to below 200K.
Still think this little guy has a tough uphill road. Financials should improve in qtr ending 6/30 because of high oil prices and especially narrow discounts for heavy oil, which is most of their production.
I still don't think this is a value stock. It might end up being a good turnaround but the recent history has been terrible and an energy company that can't show good cashflow during these record prices is doing something wrong IMHO.
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