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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Michael Thomas who wrote (158539)10/15/2011 9:02:48 AM
From: Ed Ajootian  Read Replies (1) of 206176
 
MichaelT, Greenhunter (GRH) -- thanks for bringing them up, I had run into them awhile back when they were doing a bunch of different things in alternative energy and had not realized that they decided to change gears and become a water management company. I also didn't realize that Gary Evans is still Chairman of the Board of GRC even though his main baby Magnum Hunter is going through such dramatic changes. I wonder when the guy sleeps?

GRH's presentation is by far the best I've seen at presenting the value proposition of managing water for E&P operations. They are looking at doing an equity raise, it will be interesting to see how much they come up with and where it gets priced. As of the presentation date (10/5) they were looking to issue units (stock plus warrants) at a price of about 25% above market.

Thanks again for bringing this to my attention.
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