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

To: CommanderCricket who wrote (125034)	10/19/2009 12:12:48 PM
From: onginvester	1 Recommendation Respond to of 206150

It sure is, nobody standing in front of anything..... Blue sky alerts on most of the charts.

To: CommanderCricket who wrote (125034)	10/19/2009 12:27:08 PM
From: Umunhum	4 Recommendations Read Replies (5) \| Respond to of 206150

The Presentations for the latest ASPO meeting are now available: aspo-usa.org This one is especially important for anybody invested in natural gas companies: aspo-usa.org Art claims that the true cost of gas in the shale plays is between $7 - $8. The companies that are claiming lower costs are playing accounting games with the EUR (estimated ultimate recovery) to make things seem far more profitable than they are. Slide 13 says it all: What Do the Operators Claim? CHK = 2.65 Bcf/well DVN = 2.2 Bcf/well XTO = 3.3 Bcf/well Compared to a study using these operators previous shale wells encompassing over 1100 wells that have an average EUR of .95 Bcf/well. Makes me want to stick to oil.