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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.07-0.1%Nov 6 4:00 PM EST
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To: 2MAR$ who wrote (88911)4/10/2012 1:50:07 PM
From: Haim R. Branisteanu  Read Replies (3) of 217561
 
>>>do we see a bottoming now as its taken this 50% hit, has effected rails as well<<<<


To find out this, you need to know their extraction and transportation cost and capital investments. Personally I did not researched those comapnies and therefore I have no idea.

It does seems that NG may have hit bottom at around $2.10 many wells are not profitable at those prices.
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