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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dale Baker who wrote (111898)10/15/2008 1:19:18 PM
From: SliderOnTheBlack5 Recommendations  Read Replies (1) of 206223
 
re: ["So which EP's are a screaming buy based on their
reserves at $60-70 oil and $6 NG?"]

No schadenfreude intended here... but, nothing attracts
sharks like blood in the water (or, in the streets).

I think the margin calls of Simpson/XTO, McClendon/CHK,
and now a director from KWK, is about as bloody as it gets,
(let's hope so).

Message 25070613

Kind of an ironic round trip for XTO's Simpson...

For the old SI Strictly Drilling threadsters, some of you
may remember Simpson's controversial foray into buying shares
in other E&P companies with XTO funds back in '98, pounding
the table on how far undervalued many of them were.

Deja Vu all over again?

...only this time, Simpson won't be doing the buying.

S.O.T.B.
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