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iShares Mortgage Real Estate Capped Message Board

  • oil_extractor oil_extractor Jan 11, 2004 11:16 PM Flag

    $ CHAR.OB - running NOW $1.99

    CHAR.OB (Chaparral resources) is running after have been dormant for a longtime. A KAZ-play (Kazakhstan) - should not disappoint

    They are by no means tiny anmore - production 10.000-12.000 bopd. In Q3 they recorded revs north of $20m and posted first truly profitable quarter. But the market didn't care - stock continued to trade in agony.

    Anyway, the stock was discovered recently by value-oriented investors and as it looks like, they might make it back to the main NASDAQ way sooner than I imagined. Only 38m shares out. Marketcap less than $79m.. Big reserves..

    Can only suggest to check it out !!

    Int'l Oil Rulez
    oil_extractor

 
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