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

To: HotnSpicy who wrote (130708)	4/27/2010 8:58:09 AM
From: Ed Ajootian	1 Recommendation Read Replies (1) \| Respond to of 206151

Hot, NiMin Energy (NNN.TO) -- I don't disagree with you in principle. So far the market also seems to agree with you, giving zero value to NiMin's EOR play. Once the stock gets over, say, $3.50, I guess I will have to start asking myself the tough questions of whether this EOR thing can work or not. In the meantime, I can sit back and watch them drill the hell outta their Wyoming play, popping a well a week (assuming they have the guts to run 2 rigs). Even if the EOR thing fails miserably the stock should be an easy double from here. The EOR experiment is currently at breakeven cash flow, so I am paying nothing for this free ride for a shot at true stardom. The company projects that the EOR play will become cash flow positive by the end of the year (slide 19).