You want another quiet board, check out Novus Energy. An undervalued small cap Canadian oil producer that is pretty much under the radar for now. I've done better with Sandstorm so far, but expect similar results from Novus Energy. Come on over. It's lonely over there. NVS.V, I think.
Thanks for bringing Novus up. So many companies cross my path, that every now and than you seem to miss some....My first initial findings look good as production in 2011 jumped with 77%, while they forcast another 67% increase for this year. PE is 21, and forwarded P/E is 11.
An very important short term issue is that end March 15 million warrants at $0,75 will probably be converted, as Novus is at $ 1.10 now. This will put some pressure on the share price, which gives me a perfect opportunity to dig a little deeper in this company's records, as I am little concerned about their cash position....
Of course the warrant conversion brings in $ 12 Million cash, but their capital expenditure plans will reach $ 81 Million this year, with hardly any cash at hand.