Re: Anderson Energy has impressive y/e results hsrendeb
Anderson is one of the companies that wrecked themselves as a value generating entity in chasing shallow conventional NG (Edmonton sands) via driving debt to unsustainable levels. Then they diluted massively to try to get out of the debt trap thereby destroying their shareholders' confidence which resulted in a desultory multiple. Too late, they're making some progress in going oily a la the Cardium but have basically thrown in the towel (i.e.: the dreaded "we're pursuing strategic alternatives.")
