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Re: redinvest post# 104

Saturday, 11/05/2011 12:30:18 PM

Saturday, November 05, 2011 12:30:18 PM

Post# of 7306
Yes, myself,ScreamingEagle and a few others have breakfast with Joe at the waffle shop in State College. I have worked in the oil and gas industry my entire adult life, so I think I know a good resource play when I see one. I wanted to learn how to invest and evaluate companies myself, so I was introduced to ScreamingEagle at breakfast one day and I've been learnng ever since. He (SE) is a former Wall Street whiz kid, energy trader who retired early. We have since decided to look for companies that have three things .. 1) Great management 2) Financial backing 3) Fantastic resource potential. This company has all three. He knows where to look for the companies, evaluate and value them and I know what to look for as far as the reserves,challenges going forward etc. He did tell me that anything that Lundin gets into is a pretty safe bet.
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