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


To: Crossy who wrote (43484)5/4/2005 8:54:57 PM
From: tom pope  Read Replies (1) | Respond to of 206325
 
BHP fit the bill, Crossy?



To: Crossy who wrote (43484)5/4/2005 9:30:04 PM
From: Bob Swift  Respond to of 206325
 
<< guess one should try to find coal mining firms with concessions next to China .. like Mongolia, Australia, Papua, Indonesia, East Timor ! >>

Or, buy into companies building power plants right at the mouth of the coal mines in Mongolia, like 0267.hk. The problem is China now is overbuilding power plants all over the place and the government has ordered some of them to stop from completing the construction. That goes with some hydropower plants too that were not approved by the government and are being built in total disregard for the environment.



To: Crossy who wrote (43484)5/5/2005 6:39:35 AM
From: Ed Ajootian  Read Replies (2) | Respond to of 206325
 
Thanks Crossy, will let you know if I come across anything that fits this mold.

BTW, wondering if you have ever looked at Austral Pacific Energy (AEN), a New Zealand based E&P company that operates in NZ and PNG. Next week they are starting the frac of a well that is targeting a TCF of gas gross, they have a quarter of it, and they are just months away from spudding a well in PNG that is targeting a monster oil structure. Either of these projects could triple the price of the stock.

In the past they have not had much production but that changes next quarter when the put their Cheal field into full production.

The stock is very undervalued because an exploration guy is the president and he doesn't know much about how to hype his stock.