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Tengasco Inc. Message Board

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  • angrad_z angrad_z Jun 23, 2008 4:55 PM Flag

    USSU sitting o 87m$ oil resrvs

    I know I'm not very active on these boards, but I have been following TGC for the past month and these boards. That company looks good right now, but just after looking at their earnings and financial statements I don't like how they spend their money, and I think they are a little erratic with their cash flows. That's the main reason why I like TGC so much. I did a lot of research on this company before I committed to it, and I'm very satisfied that it is a strong long term investment. Not because of the price of oil either, but just because the financial management for this company seems rock solid. (My opinion may change after their next quarterly statement though.)

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