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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 (141993)	11/18/2010 9:46:11 AM
From: kingfisher	1 Recommendation Read Replies (2) \| Respond to of 206184

Ed here is another great growing junior. Latest presentation November 17 palliserogc.com palliserogc.com Recapitalized company in mid-2008 Built management team and independent board of directors Listed on TSX-Venture (filed Non-Offering Prospectus Feb 2010) Raised $10 million of equity to grow production to 1,200 boe/d (Dec 2010) Increased production from 90 boe/d (Aug 2009) to 840 boe/d (Sep 2010) Created a significant prospect inventory (112 heavy oil locations) Forecast growth to ~ 2,000 boe/d (97% oil) at December 2011 (exit)

To: Ed Ajootian who wrote (141993)	11/19/2010 3:03:52 PM
From: Salt'n'Peppa	Read Replies (2) \| Respond to of 206184

Anyone looking at Athabasca Oil Sands (ATH.TO)? It is trading at a ridiculous P/E of 2.5 ca.finance.yahoo.com S&P

To: Ed Ajootian who wrote (141993)	11/20/2010 3:50:16 PM
From: HotnSpicy	1 Recommendation Read Replies (1) \| Respond to of 206184

Ed, Your numbers are anything but conservative. Assuming $1.50mcf for reserves in the ground in China for CBM is dubious, to be kind. I suggest you need to look hard at why you are assuming "industry average costs" for a CBM play. I'd be hard pressed to give $0.50mcf in the ground for a capex intensive CBM play that typically has very low IRR. And I'd discount it further for China and even further based on FEEC's long history of being a serial disappointer. I've followed FEEC off and on for ~5 years. The share count is multiples higher (and share price significantly lower) than when I first started watching them. Every fund raising along the way was "supposed" to be the one that got them to self funding. Call me a skeptic, but I'm not convinced yet. As for Soros somehow being a stamp of approval, you forget those schnooks bought 10% of BPZ and have lost their arse. They still own 5.8MM shares of that junk. That said, you can always play the hype and momo no matter what the underlying fundamentals are.