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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: loanshark99 who wrote (6437)5/24/1999 6:24:00 AM
From: Kerm Yerman  Read Replies (2) of 24892
 
Loanshark / Come and gone

As long as the industry has lived, there have been numerous claims for the easier way to determine where the oil is. I suspect that to be the case in years and decades to come.

No doubt this is the ultimate in terms of risk and therefore, one shouldn't bet the farm on it. As I have said in other earlier situations, there is plenty of time for the company to prove themselves. When and if that time occurs, there will still be plenty of upside to be realized in terms of return on investment.

I will watch events as they unfurl.

Extreme caution is the byword here and one should tread very carefully when considering investment going forward. For one, it's beyond my risk tolerance at this point in time -- but not necessarily for someone else.
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