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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (41187)1/26/2011 2:50:24 PM
From: 7 Years   of 78666
 
Paul - thank you for your reply. A lot to consider. I also go back through a companies share history to see if there is something underlying the share price, review of past reports, news releases, etc.

I had to educate myself in what the "shale" play is. Seems it is similar to the oil sands but underground. The cost to get the oil out is the big issue and the company that can do this most economically will be a winner imo.

Your comment on looking at the companies that are doing the fracing is quite valid. Will look at them.

OT - BQE.TO - Bioteq Environmental Technologies - interesting concept and technology - treat wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. Been around for a while. Do not own it.

I also have a patience issue, not my strong suit.

Thanks again. Cheers

Ernest
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