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

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To: Ed Ajootian who wrote (135897)6/27/2010 11:36:27 AM
From: Dr. Ipsofacto  Read Replies (2) of 206319
 
Ed, Doral Energy (DRLY) - Thanks for the analysis. The latest operational update confirms your analysis:

si.advfn.com

"The surplus cash will be used to acquire Doral's pending acquisition as well as provide the Company with ongoing operating capital."

I like what I see here. The new CEO has shown an ability to get things done quickly and efficiently... something the former lacked. Now they just need to close on the new acquisition (on June 30th) and post a profit.

The story line here is developing well & I like Dale Baker's philosophy on small caps, "The whole point to small cap investing is finding specific stories that outperform the markets." Doral has the characteristics of a great turn around story.
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