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

To: Bearcatbob who wrote (142753)	12/19/2010 4:19:58 PM
From: Jim P.	Read Replies (1) \| Respond to of 206181

I have been selling puts on MMR and SD. I thought I was going to be buying shares at 15 on Friday. I like the resource play with MMR but cannot place any sort of value on the stock with a high degree of confidence. Listening to Jimbob and looking at the presentations it is difficult for me to come up with some sort of current value for the company. Do you have a target where the company will be too richly valued to risk getting stuck with the stock? I have been playing the $14 and $15 strike prices but currently do not own the stock. Thanks for any valuation comments. Jim