Laura Lau
Open Range Energy Corp.
ONR-T
BUY
Nov 08, 2011
Spun out their tank business, which is why the stock price has dropped. Company is about 90% gas. They can make money with the present gas prices and they produce about 4600 barrels a day and will be exiting at 6000 barrels a day. A lot of great growth and is reasonably priced.
(A Top Pick June 8/11. Up 170%.) Spun out Poseidon Concepts (PSN-T) and this company’s shareholders got 88% of the Poseidon in addition to the remaining gas assets in Open Range. On a gas recovery he would get more bullish on this name.