Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Ed Ajootian who wrote (19575)	3/4/2003 9:24:02 AM
From: Claude Cormier	Read Replies (3) of 206287

Ed, I started to watch the O&G sector last November and got in timidly with a few CanRoys. What can I say, the gold market was too hot in November-January. But I now feel that a bit more diversification will not hurt. I still see tremendous opportunities in the gold sector, mainly the explorers, but can't ignore the natural gas play. This appears to be a very long term crisis in the making. The only thing I am worried about is the very obvious possibility of monetary deflation, global recession and collapes in prices and demand all over the place, NG demand is not inelastic and I wonder if the market could come back in balance very soon and NG prices collapse (again) below $3. I'll take a look at your plays. BTW, what is the current equivalence between a Bcf and a BOE?

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