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

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To: Claude Cormier who wrote (19647)	3/5/2003 1:38:05 AM
From: Cogito Ergo Sum	Read Replies (1) of 206092

Claude, I don't think we're running out tomorrow, but when I see things like the Ladyfern depletion and the Deep Panuke out east having trouble because they can't share infrastructure with other projects due to a lack of other finds it gives me pause to think that it will get more difficult going forward. Add to that that many small players have already been taken out or gone trust themselves, AVN alias Search Energy as a conversion or Acclaim with Ketch and Elk Point, Provident with Meota, PWI with Cypress.. and those are just some acquisitions in trusts I own... The trusts may run out of quality small fry to digest long before we run out of gas. Just things to consider. I'm quite comfortable with my trust positions today, but like BAY none of us married it, just partied well :o) FWIW I think NG demand is here to stay so there probably won't be many more firesales either, which is why I lean to gassier trusts. (I notice Ed A. touches on this further down). Here in Toronto we're booming and the heating fuel of choice seems to be overwhelmingly NG. Couple that with the penchant for infill housing, the Mississauga Power plant switching to NG from oil, Pickering reactors still down... we suck up the stuff... so demand is not waning. regards Kastel CCC na mp3 junkie members.rogers.com members.rogers.com members.rogers.com members.rogers.com members.rogers.com members.rogers.com

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