Check out GSX, Gascoextreme value play in the the nat gas space, current market cap just over $30 millionGSX is a nat gas producer with ton of oil assetsthey just closed on a $30 million partnership deal to start production on a number of oil assetsGSX used cash to pay down debt and has balance sheet now loaded with cashpartner pays for cost of production and will be 50/50 down the line.with nat gas near cycle low bottom, GSX is poised for extreme growth, both on its nat gas income/asssets, but also the huge wave of oil wells being drilled in 2012
GSX is on fire!
GSX oil production up 24% this quarter....
GSX surged on the news and now has pulled back to supportgetting interesting.
I cannot find a better nat gas value play than GSX.accumulate.