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

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To: richardred who wrote (197296)11/21/2016 2:31:45 PM
From: Paul Senior  Read Replies (2) of 206085
 
MCF. Ok, in for a few shares for a tracking position. Expecting I will need to hold for a while because I don't see much upward move in o/g with ample supplies now. I suspect I might get a chance to add shares at lower prices, if o/g stocks fall once again.

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Pass on MTDR. I would be looking for for Wolf Camp-related companies that have a low debt/equity ratio, because I want something where I feel the company might be able to weather a prolonged downturn in oil prices and drilling. (Not that a low d/e ratio will necessary protect the company or me; just that I might have a little confidence to hold on to these stocks in a downturn. -- and I haven't in the past, sometimes to my regret.)
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