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

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To: Ed Ajootian who wrote (97075)	4/1/2008 12:02:20 PM
From: George8	Read Replies (2) of 206227

LINE reported huge loss for 2007: >>The company reported a loss of $203.2 million, or $2.01 per unit, compared with a loss of $6.1 million, or 16 cents per unit, in the prior year.<< news.moneycentral.msn.com Am I missing something here? Trading loss is still a loss, or is it not? A energy company can possess great reserve and still end up losing shirt if hedge its output recklessly. While I love the temptation of the high yield, I just do not understand how they can take such a huge loss... Where is LINE's dividend cash coming from? How do they account the huge loss?

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