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

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To: Salt'n'Peppa who wrote (158354)	10/11/2011 1:00:35 PM
From: raybiese	1 Recommendation Read Replies (3) of 206084

the people who "abandoned ship" and sold ~20 million shares of DAY.TO over the past week...will be crying in their beer Doubt it.... but I suppose it is possible that some hedgie blew up and was liquidating since July. Only 212 million shares outstanding so your 20 million shares is 10% of the entire float. Cdn exchanges were closed yesterday for Thanksgiving. If someone was >11% short on Sept 30, they should have ended up on this list: tmx.com To my eye, the chart pattern was strong selling on down days with little or no rebound on up days with a triple waterfall decline since August. IMHO, the selloff was simply not warranted. vcall.com So unwarranted that I couldn't resist: Message 27679239 I have held DAY for years (when a trust) and really liked the management, beautiful massive unbooked resources and, most of all, management respect for shareholders. From zero to $2 billion & >40 kboe/d in 11 years. >15 years of drilling potential at 5%-10% production growth/yr with a switch of focus 2-ish years ago to horizontal light oil & liquids rich gas. Smart, hard working management creating value in the company. Always worked within a sustainable distribution (or dividend)+capex total. Always a healthy, respectable dividend plus a significant growth upside. Prudent use of long-term debt. Prudent dilution (e.g. DRIPs not placements). Just the sort of company an INVESTOR might buy and hold. Hard to find these. So... am I pissed despite the "premium" I got? Yes. Some dentally enhanced HFT sociopath destroyed a company. Who can celebrate this other than the Mammon minions of bay street? Anybody know of other INVESTOR oriented, well managed companies out there in the Cdn oil patch with extensive, high-quality, oil oriented, tight sand Pembina/Cardium land that hasn't been booked yet? Ray

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