Just recently started tofollow this one. I was looking for an undervalued gas producer and thisis what i came up with. Right at the bottom of the gas cycle EDE isstill trading above 0.30 a share and has great potential. The positivecash flow and knowledgeable management is on the right track....i quotefrom the recent press release "This unique corporate strategy allowsEdge to utilize the low gaspricesto its advantage. The Company currentlygenerates positivecash-flow,even at today's low gas prices, and issimultaneously buildinga large,high-quality asset base for the future."I will begin to accumulate shares under 0.35 cents and see what thenext news release brings. To me the company looks like it has a lowcost production situation and on its website it states that its cost ishttp://www.edgeres.com/ "With Operating Costs of less than $1.10/mcf,the Company is cash-flowpositive at a natural gas price that is farbelow current natural gasprices and far below almost all other oil andgas companies in NorthAmerica".
please do your due diligence