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

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From: fxfun	3/2/2011 2:28:08 PM
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HNR-They put out a PR this morning with some exciting developments: 1)hit oil/gas on their first exploration well in indonesia 2)lower green river project on schedule to produce 1000 bpd next month 3)on going asset sales/JV (strategic alternative) received interests from 'multiple parties'. with US 2P reserve of 15 million barrels, plus 100 million from Venezuela JV (which get 0 credit from market in my view), plus the 'de-risked'(quoted from PR this morning)Indo assets, the company has a market cap of about $540 M. It seems to me there are a lot of upsides from here.

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