Devon Shire
Long only, newsletter provider, oil & gas, small-cap

Orca Exploration - A Little Bit Of Hair On The Dog, But Debt Free And Trading At One Time Cash Flow

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With United States stock markets now into a five year bull run and 2013 having been a sensational year investors might want to start looking elsewhere in search of undervalued securities.

I've got one idea that is way off the radar of most investors. How does a Canadian (and Pink Sheet) listed energy producer that has its primary assets located in Tanzania sound?

This one has a pretty simple thesis behind it. The known value of its proved and probable reserves are far in excess of what the current share price is valuing them at.

The problem that is suppressing the share price in this case isn't debt. It is location and the customer to which production...

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