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Strategies & Market Trends : Strictly: Drilling II

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To: re3 who wrote (33659)11/15/2003 10:20:05 AM
From: loantech  Read Replies (2) of 36161
 
Retired,
The reason I went very heavily into one stock, CKG is that they have about 16-17 million shares, over 30 million in cash, trade at 3.50 so, have 2.00 in cash for each share. They have not participated as much in this rally. So I see a 30% downward risk vs a 50% risk in other explorers or miners at this time.
Tom
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