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817 Posts.
6
07/04/10
07:13
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Hi everyone.
We have got a 'stake' in a number of highly prospective properties in California.
A very enviable position for a small $4,000,000 mkt. cap.company.
The company is running on the smell of an 'oily rag' 5% income from GGP managed 'oiler'---is covering admin. costs.
'Holders' of this stock are patiently waiting for a value adding 'deal' the management have been 'alluding to' for some weeks.
It wont take much for this to move 'upwards'.Those that took up the recent 'rights' have made 50%.
Cham
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