SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brian who wrote (82205)12/20/2000 3:34:22 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
>> JimL: "Does the phrase "risk/reward ratio" ring a bell?" <<

Maybe I didn't make myself clear, but I think it's pretty obvious. It's unlikely that natural gas prices can remain this high. They can certainly spike higher this winter, but come summer they will come down from these levels. Long term the higher they stay up the more they encourage other methods of power generation, drilling, reduced consumption etc, etc, etc. It's very difficult to say at this point that we'll have shortages for the next couple of years with any certainty.

I bought many gold plays near their lows. In GLG at 1 1/2, HM at 4 1/4, HGMCY at 4 1/8 and GOLD at 3 1/4. My downside is very little, but my upside could be spectacular if we get any number of events to transpire - one of which would be a serious nationwide natural gas shortage.

Have you looked at GLG's 10 year chart. Best picture of risk/reward I can think of.

Telemarketer - my small cap NG plays. I'm not the best person for that. Slider, John Q Public, Isopatch, JimP have a much better handle on the individual companies. I got in EEE at 2 and will hold for 3 1/2 to 4+. I liked the technicals when I bought, Duke's 20% stake and the fact that they'll have great comparisons going forward.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News