Friday, September 5, 2008
USEG Update
As I mentioned in my last post on U.S. Energy Corp. (Nasdaq: USEG), adding in the proceeds from the sale of most of its stake in Sutter Goldmining Inc., USEG currently has about $79 million in net cash and Treasuries. Intraday, its market cap is currently under $66 million. I just put in a limit order to add to my position.
Subscribe to:
Post Comments (Atom)
Posts
1 comment:
Filled at $2.78. Could have gotten a better price here, but this is lower than my original price of $2.85 and I thought that was pretty cheap. That was also before the deal with Thompson Creek.
Post a Comment