Mosaic Oil has been around for a very long time, they have never paid a dividend.
My opinion is, if this company doesn't hit oil big time, then they will never amount to much.
Agreed, that at current price the stock is reasonably valued.
But go back 20 years or more and read up on their history before making any investment in the company. Management has had a long history of turmoil.
--Dan
bargains, page-3
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