Please explain to me how you would go about putting a book value on a company that is still in its exploration phase? or for that matter a company that is just starting to get reserves on the board? You simply wouldn't to do so would be an act of idiocy. I would be surprised if these clueless Bloomberg reporters even knew what CSG was. As for a deer in the headlights moment, i think the sheer stupidity of the question caught JDS offguard. But hey if you want to invest in explorers based on book value go right ahead, see how profitable that turns out.
s.loeb
BOW Price at posting:
$1.41 Sentiment: LT Buy Disclosure: Held