any oil/gas producer under 40 cents? , page-3

Thanks mate.
Yeah, I am familiar with KIK as I have bought 3 times into NDO.

You are right, it shows I am still learning.

I should look at cash backing per share, hmm must go for some serious lessons.

How I pick OSH and NDO was like this:

a) I track back what analyst says about OSH over the last 7 years from Money magazine, The Australian, etc and then I look for a reasonable entry price/share. I saw potential in their huge return for investment LNG project in Papua, and thus jumped in around January 2009 at AUD$4.65 per share. It's been pretty good run. (That's how I picked SGX, Sino Gold too, a stock that's not too popular on HC thread. Picked them up at 4.90 , they were bought out by Eldorado recently).

b) I picked up NDO as I look at their past 10 years history,. and their recent exploration success, and I just buy some in March 2009 at 7.8 cents. Bought more around June and July 2009.

I shall look at the 2 shares which you opined and I will study cash backing (like what Warren B mentioned).

Cheers,

Agathos, Perth.