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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From: Schnullie	5/21/2007 7:23:43 PM
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The CanRoys continued their inexorable climb today, as they have for the past several weeks. I believe all are advancing towards their eventual takeout price. My best WAGs: $20 for PGH $15-16 for AAV $13 for PVX I'm not buying anymore only because I own thousands and thousands. However, I don't believe they have much downside risk here, in spite of the runup.....rising gas and oil prices ensure fat dividends, takeout potential pulls up their share price. The galloping looney also helps. The tax rate adjustment in 2011 will never happen, even if the Canadians pass that bill. There will be no remaining oil trusts. One of the really enormous botches by the Canadian govt.

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