REO to Trade at Multiples?

The Energy Report with Marin Katusa (03/04/2010)
"As you know, Louis James runs the mining side of our Research Department. This guy lives on the road, and no one kicks more rocks than Louis. He is as critical and smart as they come. He went out to Serbia (both Louis James and I have been to Serbia many times), and I got excited when I read his report, because I know how conservative Louis is. Reservoir Capital Corp. is one of those companies—and I agree 100% with Louis—that you will look back in five years and go, 'Why did I not buy that?'

It could definitely trade at multiples. We're not talking a two or three-bagger. I believe Miles Thompson (Reservoir CEO) will be in my 10-bagger club within five years. He has a very well-respected management team, and we're not just talking about respect from the Casey crew. Rick Rule keeps him in high regard; a lot of the European funds, people know that Miles Thompson is going to deliver.

It's been a huge run for us on the energy side, because we were buying it all day long. We had it as a best buy under 25 cents." View Entire Article: Marin Katusa: Winning the Game with Zero-Risk Capital

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: