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Replies to post #6475 on New Century Energy Corp (NCRE)

Replies to #6475 on New Century Energy Corp (NCRE)
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J-RO

06/28/08 4:05 PM

#6479 RE: yonuu #6475

'Prolly around $4.00 bones, give or take a few, lol






Charts are Coooool

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jaybird249

06/28/08 6:07 PM

#6483 RE: yonuu #6475

NCEY can be a $5 stock. Most companies trade at 2 X their reserve values. With 1.6 MM BOE proven reserves, NCEY should be valued conservatively at 2 X $160 MM or $320 MM.