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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (89122)8/13/2007 9:02:37 AM
From: Ed Ajootian  Read Replies (1) of 206338
 
Gran Tierra Energy (GTRE) -- They announced 3.1 mmbo of proven reserve adds so far this year, and according to their latest presentation they have spent $12.1 on cap ex so far this year. That works out to a finding cost of $3.90/bbl., absolutely superb.

Is it great geology or did they just get lucky at Costayaco -- stay tuned, don't change that channel. I'm betting its the former.
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