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Gold/Mining/Energy : Big Dog's Boom Boom Room

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roguedolphin

To: Bearcatbob who wrote (194099)	12/23/2015 11:20:47 AM
From: isopatch	1 Recommendation of 206085

Exactly! A year or so ago, recall a poster or two (not you) repeatedly saying AR (or one of the other major Marcellus players) would be wise to buy MHR because so much of their acreage was contiguous. My, repeated, reply was: Why not wait for them to go under and get the same properties for a lot less? Now, we're seeing the classic bust dynamic of prime properties moving from weak to strong hand play out in hundreds of cases, even right in this area. Cash is STILL King. That said, think tax selling now appears to be over and a January counter trend rally has begun for the sector. Let's see how far it carries into next year. All IMHO, of course. All the best to you and your family for Xmas and the New Year, Isopatch

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