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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (91549)6/14/2001 3:31:15 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 95453
 
' I get an upset stomach whether the stock rises or not...(sigh)'

That's what happened to me with the drillers. Made a lot of money this year with them... but I also gave a lot back as there is much I still do not know. I've not discounted them I'm just wary.

'BTW: I'm lukewarm to O&G' Same here which is why I only have that ELH play now and currently no trusts. I'm watching trusts because it appears to me that a lot of people are 'discovering' them now so I'm hoping I can park some money with great dividend rates and preferential tax treatment, for the intermediate term... It really comes down to whether I think they will maintain their unit value, if not bad idea.

I've done a much better of keeping profits with E&P and trusts this year so far (notwithstanding my missing the final pop in GOU :o) and PM's.

regards
Kastel

PS I hope you guys have good weather out there in Alberta, first two weeks of July. I'll be visiting (freeloading off LOL) 3 sets of relatives, scaling a glacier, seeing the Stampede and of course digging for dinosaur bones plus whatever other touristy things you guys have to offer out there..

EDIT:
Isn't Miramar a little thinly traded to be a holding that much ?