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

To: raybiese who wrote (158581)	10/17/2011 9:09:40 AM
From: wherry	Respond to of 206084

<The slam down smells like someone wants their assets cheap.> Yes, and I would not be at all surprised at a deal if it came quite soon. In the context of probable 2012 cash flow of upwards of $750,000 at $85 oil, and given over a year for the capable and proven management to prepare, the conversion is for me a non issue. Others may not be so sanguine, but it is differences of opinion that make for a horse race. I am obviously at least a mild bull on the price of oil. Regards, Tony.