Replies to post #5647 on High Plains Gas, Inc.(fka HPGS)

[doglover1]

You have to subtract the total liabilities from your assets figure before you divide by the number of shares. Done correctly, it works out to just over 3 1/2 cents a share.

But if you prefer your figure, that's fine with me.

GOOD LUCK TO ALL. We might be green by a little bit today. Keep your fingers crossed.

[jsilk1983]

thats just based on assets. If we can find out what future cash flows they are expecting from Miller, which I believe is where the money is this year because of low gas prices the PPS could be much much more. either way, the PPS is a super bargain at these levels.