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

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To: Ed Ajootian who wrote (141989)	11/18/2010 9:02:14 AM
From: Ed Ajootian	1 Recommendation Read Replies (3) of 206182

Far East Energy (FEEC) -- errata in my prior post -- in my excitement I forgot about the fact that FEEC has a 70% interest in its Shouyang PSC and if you then back out royalties and a 3.5% ORRI to ConocoPhilips (who they obtained it from many years ago), you get close to 60% net. So in all my excitement I just forgot to give all the figures in my post a 40% haircut, what's a coupla bucks per share among friends <g>? So now it could only quintuple from here (vs. being an 8 bagger as I had it), just on my very conservative assumptions, how limiting. <g>

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