EnerJex Resources (ENRJ)

dan_s · Post by **dan_s** » Sat Jul 19, 2014 4:07 pm

I have posted an updated Net Income & Cash Flow Forecast for EnerJex under the Watch List tab.

I took a very hard look a this small-cap today and we will publish an updated profile by Monday. I definitely think it is a "Speculative Buy" under $7.00. All micro-caps have more risk, but this one looks very promising. The recent pfd stock offering has the balance sheet in good shape and it now has a clear path to 1,500 boepd by the end of 2015. Robert has a good team and they have plenty of "low hanging fruit" to harvest.

They are going to present at EnerCom in August. A good Q2 report and good presentation should draw more attention. I will be attending EnerCom August 17-20 along with 2,000 analysts, fund managers and investors.