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

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From: riskyinvesting	2/19/2010 2:46:34 PM
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SD is an interesting play. I think Tom Ward is a good operator. The WTO play has lots of potential for another Pinon Field. Once Oxy has the processing plant up and running to strip CO2, SD's production will soar. I like the purchase from FST. SD is now about 30% oil. Very well hedged. I have been buying the Jan 2012 calls in the 2.30-2.40 range. My bet is that we will see 20+ by then. Risky BTW: Malone Mitchell - the Chairman/CEO of TAT - staarted SD in the late 80's with $500. Interesting guy.

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