SAE 3.45% 14.0¢ salinas energy limited

Ann: Quarterly Activities Report , page-3

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    Production down 46% from September 200 qtr and still falling.
    Revenue down 84%!!! from Sept 2008 qtr.
    Cash on hand fell 42% in last 3 months.


    I am surprised the SP only fell 5% but then again SAE has been one of the few stocks to show no increase over the last month so its already lagging most stocks which have started to recover.
 
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Currently unlisted public company.

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