Hi Macrae - I confess to being a split personality currently - bullish in some and bearish in others.
The line between currently seems drawn down the middle of those generating cash, or on the cusp of it, and those with good sized in-ground resources, or the equivalent, that the market is giving zero value to - especially if they are gonna need to raise money or are still a fair way of any definitive result from activities.
The market is generally valuing "potential" at very little or nothing right now.
There are certainly others worth your time investigating but for what it is worth I suggest you cast an eye over BTU and CUR as outstanding exaples of two tickers with very low market caps that have already, and are further building on, excellent resources, AND are close, within weeks or months, of production and cash flow.
Cheers
Cabe
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