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


To: Area51 who wrote (76918)12/28/2006 3:29:51 PM
From: CommanderCricket  Read Replies (1) | Respond to of 206325
 
Area,

XEC is a great company and got better after the MHR acquisition. IMO the problem is XEC will not get a proper valuation until its larger E&P brothers do better.

When APC, CHK, etc and the other larger independents start moving, roll profits out of the larger cap E&P's into the mid tier players like XEC.

XEC is my watch list and would like to build a position but will wait until the institutional money starts sloshing into the larger companies.

CC