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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 (107566)8/22/2008 2:51:44 PM
From: geneve  Read Replies (1) | Respond to of 206160
 
RE: END. The profile of this company which I own is: very short reserve life, half of which is hedged at $60-$70 BBL. Great prospects, and good success history. The problem is: 1. Counter-party risk, hedge management risk, and god forbid a catastrophic event that reduces production, which will translate into being short CLL at $60-$ 70. Please let me know if you disagree