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Strategies & Market Trends : Ride the Tiger with CD

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To: Cogito Ergo Sum who wrote (25037)1/21/2005 9:43:41 PM
From: Bearcatbob  Read Replies (3) of 313629
 
SC,

I sent you the MMR spread sheet this evening. Anyone else wanting it can send me an email via pm - or simply go to the MMR website and read the info.

Gang - you do not need the specs to play for a home run. I invite beg alternate appraisals - but this is what I see.

1. A stock with $199 million (green)
2. 17 million shares outstanding.

3. Rapidly growing production.

4. Several near term impact wells.

5. But most of all - reasonable prospects for a T of gas reserves this year. Do the math - a T and 17 million shares OS.

Oh yeah - and just for grins - an offshore facility being permitted as an LNG terminal.

I have an internet oil and gas friend who is bozo nuts about this one - he has convinced me.

Bob
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