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: profile_14 who wrote (84414)	5/12/2007 1:43:09 PM
From: CommanderCricket	Read Replies (1) of 206191

profile, The problem this time around (hate to say it's different) is we have to compete for resoures from others that have much stronger currencies. It all looks bubbly from a $USD/North American stand point but from Europe or wherever, the US stock market has sucked and hasn't gone anywhere for awhile. Plot the major averages against the $USD. Not very exciting... So when Total, Lukoil or ENI want to purchase oil reserves, refinery assets, etc...it's still cheap. Who's building a major position in the GOM? It's Brazil, not XOM Not selling any more shares and looking to accumulate again this summer. Crunch time is coming soon Good luck CC

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