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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Ed Ajootian who wrote (34984)10/4/2004 7:29:41 PM
From: Ed Ajootian  Read Replies (3) of 206325
 
Interoil, IOC --- Ray James just initiated coverage with a Strong Buy rating, US$35 price target, see full 33 pg. report at currentcapital.com . RayJames does not hand out Strong Buys on any old company.

Basically the thesis is, at the current quote you are mainly just paying a fair price for their refinery and gas stations, and then you get the exposure to their upstream upside for a coupla bucks a share. Not too shabby given they have identified targets with undiscovered resource potential of 4.5 Billion Bbls.!

No one has posted on this in spite of my mentioning it several times, so I'll assume there is no interest going forward unless somebody speaks up.
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