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.11 and Up!
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NCEY .085 (New Century Energy) UNDERVALUED!
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[QUOTE]Originally posted by TruthLiesWithin: [QB] I don't think it will be sub penny again, but tomorrow, the fence sitters will decide whether to dump or stay. It was obvious the weak ran from this fast. I think NCEY should sell some shares, pay the immediate debt, and get it over with, they have much more value in reserves, according to the filings. As long as the price stays propped at this level, I think it could be done with little impact. Or find an investor who realizes they have more in theg round than in their pocket. What's the total debt? $14,000,000?? I'm sure Laurus will let them make part of the payment, to keep things going?? Not sure, but if NCEY is as good as it looked to us, hopefully an investor with deeper pockets will see it too. Ironically, i think the assets were worth 15 million. Imagine giving up a company that has 15 million in assets, but 200 million in the ground... [/QB][/QUOTE]
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