MOS 0.00% 16.5¢ mosaic oil nl

Ann: Quarterly Report June 2009 , page-6

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  1. 364 Posts.
    I'm with Jake on this. The difference between MOS and most explorers is that MOS can fund their exploration and acquisitions out of ongoing own cash flow without constantly going to the shareholders or banks. A few dry holes kills the average small cap, MOS can keep going until it gets good commercial flows, like the recent Taylor holes. The fact they get royalties from their pipleline and have production facilities puts them miles ahead of stocks trading at twice the price IMO.

    I don't care if it has no full time CEO, the technical team looks like they are doing a good job keeping the gas flowing and finding more and I see plenty of upside for this company.

    Currently not a traders friend, it takes a long time to crawl through a 1 cent range, but at this price I believe it is a bargain.
 
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