Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (29071)	6/15/1998 3:22:00 PM
From: Thomas M.	Read Replies (1) of 132070

What is your long term (10 year) view on oil? I've been eyeing CPMNY, who's working with Sunco to develop oil shale deposits in Australia. This is a similiar resource to the oil sands in Canada. A research report I've read based its numbers on $30 oil 50 years from now. I suspect they extrapolated farther into the future than they can see, but call me a skeptic. <g> My plan was to wait for a bear market in oil to buy this stock, kind of a dipster approach. It seems to me that Asia will probably kick in again in the next 5 years, and drive oil back up. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next