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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (28811)	1/7/2004 6:39:58 AM
From: Ed Ajootian	Respond to of 206325

Que, REM -- For a decent picture of the upside for REM from this next round of wells, see finance.messages.yahoo.com . The guy included one well that probably won't get down by the time they announce results, but still you are looking at near-term exposure to about 80 BCFE net, risked. One could quibble about the probability of success that the guy used, but he is in the ballpark. The fact that the stock has not been very volatile recently is favorable wrt the options valuation, the market maker for the options sees the same dull chart you are looking at and more than likely has no clue about the massive near-term upside that exists in the stock.