Big Dog's Boom Boom Room Message Board

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

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To: Dale Baker who wrote (124947)	10/16/2009 9:19:29 AM
From: Ed Ajootian	Read Replies (3) of 206160

Dale, Magnum Hunter (MHR) -- I totally agree about price being above value, but I can't think of any catalysts that could shake the halo off these guys so I'm holding on to my small stake. I see that their registration statement was just declared effective by the SEC this morning. Lets see how long it takes them to close this offering, and at what price the shares get issued. If they could raise $24 M or so that would basically make them debt-free or virtually debt-free I believe. I'm looking forward to them spudding their first well on the Eagle Ford shale acreage they just acquired from Sharon Energy.

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