John Stephenson
Ember Resources
EBR-T
WAIT
Feb 03, 2006
In the coal bed methane sector. Would hold off on buying this one. Its production is ramping up. It be much more attractive at the end of this year and the beginning of next when the production will have caught up with the valuation.
Conceptually, he thinks the company is terrific. Heavily involved in coal bed methane gas but, the price to cash flow is too high for him. Would buy it be tween $5 and $6.
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