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Gold/Mining/Energy : The Oil & Gas Elephant Hunt

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To: Paul Senior who wrote (308)7/23/2013 11:00:08 PM
From: Paul Senior1 Recommendation

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And adding more to my losing position in Pinecrest, PNCGF, PRY.v

2P NPV = $1.67, and stock is about .66. Decently low p/cash flow (based on Q1 numbers).

$66.01/boe (avg 2012) operating netback. 98% light oil.

1Q 2013 average production; 4,315 boed. Year end production set at 6k bopd Yahoo shows ev to be $242M @ .64/sh.

Insiders hod 10%, or 21% fully diluted.
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