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

To: Ed Ajootian who wrote (76841)	12/26/2006 8:16:20 PM
From: ames	Read Replies (1) \| Respond to of 206272

Ed, since I'm holding Petrolifera via Connacher and also (groan) Pluris via the folded PTGC, BPZ seemed like a good addition to southern exposure, so I took a 1/2 position @ 3.86. I gather they'll be selling natgas at local prices and they do have some formidable financing ahead of them (cf PEYG), but the plan certainly makes sense on paper. I wonder if this tropical winter will make for a tacit shoulder season this winter, with other buying ops for the stock.

To: Ed Ajootian who wrote (76841)	12/26/2006 10:15:50 PM
From: fp_scientist	Read Replies (2) \| Respond to of 206272

Re: BPZI I heard that there is a project competing with Corvina offshore Ecuador. I don't have details. Gas-to-power sounds like a nice cash-cow. How long before they start producing electricity? Also heard that the offshore wells are very expensive ($50M each), so BPZ is not financially capable to drill those alone. Is this correct? That's where the oil upside is. I don't mean to bash BPZ Energy. I'm just repeating what I heard. I don't see what news could move this stock short term... AMEX listing is a plus, but would it suffice? Still on my radar screen but undecided. Thanks for mentioning it anyhow. fp