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

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To: Dennis Roth who wrote (178659)	7/11/2013 9:41:04 AM
From: Dennis Roth	4 Recommendations Read Replies (2) of 206110

Pioneer Natural Resources Co. (PXD) Mgmt Meeting Highlights Permian Potential; Price Target To $190 10 July 2013 ¦ 26 pages ir.citi.com Mgmt Meeting Shines Light On Significant Permian Potential... – We recently met with Pioneer President and COO, Tim Dove, and EVP of Business Development & Geoscience, Chris Cheatwood, to get a detailed update on the company’s operations. Based on our extensive meeting at their offices, we have heightened confidence in the quality and potential of Pioneer’s Permian Basin assets. Consequently, and noting there are still limited data points at this juncture, we have raised our price target to $190 per share (our new ‘Base Case’) from $148 (now our ‘Low Case’).

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