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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 (123225)8/13/2009 7:18:11 AM
From: Logain Ablar  Respond to of 206118
 
Hi Ed:

I'm waiting till this quarters earnings report to do a decent analysis. Between oil down to low 30's, and shut ins in the 1st quarter and then the restructuring in the 2nd quarter I need the dust to settle (I do like the cash and no debt which gives the company breathing room).

With that said though they now have a well producing at 11k bbd (but now down to 50% interest). I have a position, I just remember END trying to acquire them last year at over $3.

Tim



To: Ed Ajootian who wrote (123225)8/13/2009 9:38:05 AM
From: LoneClone  Respond to of 206118
 
Ed

The IAE board on Investor Village has had some good give and take on valuation.

LC