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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: No Mo Mo who wrote (19162)	6/1/2010 3:58:14 PM
From: JimisJim	Respond to of 48092

OT: No Mo Mo... Didn't say we'd be leaving CA, though that is a possibility, just said we're selling the family house that is now bigger than we need... we'll probably downsize in CA to something much smaller and it will become the vacation home, while the summer place and RE we have in No. Mich. will become our primary residence. I suspect that as long as our daughter stays in CA (whether Northern or SoCal), we'll keep some sort of place there. I'm in Mich. right now taking care of some maintenance and upkeep after driving my folks up from their winter home -- they are now too old to make the trip themselves, let alone get everything here ready for another season (they stay here through Oct. and typically come up in late april early May, but couldn't this year because they I was the first/earliest ride they could catch. OK, bringing it back closer to on topic... I sold all of my trading shares above $7.25 and started buying them back in the mid 4s. Just sitting on BPZ at the moment. It will go back to 7 IMO this year, possible higher... That $6.80 offering is still out there and acting like a magnet. If not for the BP disaster and the POO haircut, BPZ would be close to $8 right now. So I will swing trade my trading shares, buying in mid 4s and selling above 7. Added 20% to core position, averaging UP just a wee bit. Good luck, Jim

To: No Mo Mo who wrote (19162)	6/3/2010 3:29:04 PM
From: JimisJim	1 Recommendation Read Replies (1) \| Respond to of 48092

OT: RJ on BPZ RJ Reiterates Strong Buy for BPZ on May 27, 2010 In the report they value BPZ proved NAV at $8.00 per share based on $75.00 oil. With 22D news anticipated in mid-June and the regulatory issues now off the table and enhanced operational expertise at Albacora the stock should trade closer to their total company NAV... They set a price target of $13, based on a slight discount to the $14.00 total company NAV. Estimated Sales for 2010 are now up 17% to 5,500 bbl/d versus a prior assumption of $4,700 bbl/d, due to increases in 3Q'10 average sales forecasts which have increased from 2,400 to 5,200 bbl/d. For 2011 sales, two Corvina wells that were previously forecast to be restricted early on are now assumed to produce at full capacity in late 2010 due to the PeruPetro extension, decreasing our 2011 estimates as more production is "pulled forward" into 2010. Est. Cash flow in 2010 has been increased from $56 million to $75 million as a result of the date extension.