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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (124946)10/15/2009 4:30:35 PM
From: Dale Baker  Read Replies (1) of 206161
 
I don't know that outfit but MHR is too small to work with anyone except a boutique firm.

Yeah, my cost basis ended up at .50 once I averaged down, and I unloaded 40% of that position on the way up. All my original cash is off the table and then some. The remainder is all in my IRA, sitting and waiting to see if Evans can do his magic again. The position is not huge enough to give me night sweat if they run it up or down .50 at a time.

Now MHR is trading on forward potential. Their current value is more than priced in by my guesstimate.
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