Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Tommaso who wrote (53645)	9/24/2004 12:50:44 PM
From: Seeker of Truth	of 74559

"Good for 50 years"? As you know natural gas is required for the processing of the tar sands. I suppose that in 20 years from now, not 50 years, natural gas will be too expensive for that. Also the cost of extraction goes up, the deeper you have to mine, so the profits may not last 50 years. All in all it looks like a gamble. That said I think the odds are favorable so I bought a dollop yesterday at 30.29. But I won't risk any more. Thanks indeed for the information.

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