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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 (107614)8/23/2008 12:24:27 AM
From: geneve  Read Replies (1) | Respond to of 206161
 
because of the very short life, which is of course generating all the cash, they have hedged not only half their production, but also half their reserves. A name like CHK has hedged a far larger percentage of the next two years production, but because of the diversity of the assets some of which go 20+ years, they are not at risk in the same way as END.
I like the risk profile of END because they are able to participate in some higher potential targets; I wrote you because I was curious as to your opinion on the somewhat timid performance of the shares from their base.