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

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To: Joe Dancy who wrote (123458)	8/20/2009 4:39:17 PM
From: Ed Ajootian	Read Replies (1) of 206223

Joe, thanks for mentioning GeoResources, that's a blast from the past. Ever since the commodity price crash, I still have a mental block about E&P companies for some reason and have yet to buy back much other than insignificant amounts in any of them. (My big energy investments are currently a couple of MLP's, ENP and LGCY). I had forgotten that GEOI had half their production in oil. With the btu-equivalent price differential this must mean that oil sales must make up over 3/4ths of their total sales. Given my current bearishness on the natty markets this is a good thing IMO. I will have to look at GEOI again at some point, thanks.

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