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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (188327)1/24/2015 2:31:57 PM
From: Jane4IceCream5 Recommendations

Recommended By
Bruce L
CommanderCricket
isopatch
Jim P.
Oblivious

  Read Replies (2) of 206325
 
MHR….IMHO….and though I am not as astute as most here regarding the energies though I have been investing and trading them since the mid to late 1990's and I do follow MHR closely……

Upside in MHR may be limited sufficiently due to the mystique of Gary Evans and his penchant to incur more debt and highly leverage the different arms of the company. On a technical view it is much more difficult for common shares of a company to appreciate compared to mid or large caps due to the skepticism and barrier to funds being able to invest in most shares under $5. I like what Gary has done to promote MHR and to acquire pretty good properties but……I am not sure I could trust him any more based on his comments.

Why invest in MHR when you can most likely see a better investment or trade in issues like WLL, OAS, SDRL, RIG, etc…etc….if you think oil/ng is at or near a bottom? I am only trading MHR…..but still hold a decent size investment in an ira. Takeover talk…..yeah….but don't look for double digits any more in a potential buyout. Gary will be lucky to get $5 or $6 a share now. Until MHR can demonstrate less and less debt ratio I am very leery.

Sorry if I ramble….carry on.

Jane:-)
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