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


To: Dennis Roth who wrote (174620)12/5/2012 9:04:47 PM
From: MIRU1 Recommendation  Read Replies (1) | Respond to of 206176
 
Dennis, The real question is why it took forever for investors to figure this out. There is little gas/oil substitution in North America but lots in Asia, which is why LNG is so pricey over there. But the real question is why the SEC lets E&P companies continue to report bogus "BOE" production numbers based on 6 to 1. I guess it's OK if they fess up in the footnotes on reserve values?