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Gold/Mining/Energy : The Oil & Gas Elephant Hunt
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To: Brinks who wrote (93)11/19/2006 10:23:14 AM
From: Bread Upon The Water  Read Replies (2) of 310
 
Brinks, all this says is that there they are testing it and Sprott's opinion is just that--his opinion. My question remains: If the test comes up negative what protection is their for Delta holders on the downside? How big will the sell off be, if any, considering its up more than 50% since your first recommendation? One would have to think it would be steep since its has been promoted heavily on its potential.

I do suppose, though, if people consistently asked themselves that they wouldn't invest in the stock in the first place. I was wondering if there was a way to hedge the bet here. My hedge is ECA although the upside is much more muted that way.
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