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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (8322)7/16/2001 10:47:51 AM
From: The Osprey  Respond to of 24925
 
Stanley......I am not heavy into the float.I am just an investor who has followed a couple of these from the start and have done alot of DD.In some cases I have visited the companies.I resent your implication that I am a Pump and Dumper.If you care to check on SI you will find an OEL.V thread which I started back in September 1998(almost three years ago)and I have had a position ever since.Now if I were a Pump and Dumper as you claim don't you think I would be long gone from the .07-.09 level?????
By the way...as an aside ...wake up and smell the roses....without some form of promo we would not have the markets....any of them.....period.Do you think the Nortels and the ebays just drew attention or did someone promote them.....What about any other stock you choose to name.I do not do this for a living.I have been in the financial services sector for over 23 years.I have been investing in companies since 1980 and guess what my first deal was Dome Petroleum and I made money on it long before SI or any other chat group......
You like the blue chip stocks....so be it.Shows a definite laziness or lack of understanding as how to DD the juniors or the right things to ask.Some people prefer the risk reward ratio.Some of those blue chip oil and gas stocks you like were once juniors like the ones I talk about.Or did you forget????? Remember,there is a risk to everything we do.Minimizing those risks is the key.If you have followed the development of the East Coast offshore plays 10 years ago you probably said the same thing.People were skeptical of Sable or Hibernia for that matter.....Oh enough said.Tunnel vision is not one of my traits nor is pump and dump tricks.I don't operate that way.I try to disseminate info and let others know.Do I have a position in ONG.V(yes I do at a higher average than currently trading at) Do I have a position in CDH.V(No I do Not).Do I have a position in YRY.V(Yes I do also at higher levels than current market) Do I have a position in OEL.V(yes I do for almost three years now).Am I pumping and dumping????No I am not.I don't need to.See I am not risking money I cannot afford to lose.That is why I buy and hold.

So there you have it Stanley.You know my position, My occupational field and my philosophy.If that is not to your liking....too bad.I joined SI and have posted under Osprey since then as that was the trend back then.I have never changed.I won't change for you either.I will continue to disseminate info as I learn for the benefit of others.If people want to invest they can do their own DD and invest.If they don't like the deal they can pass.That is their choice.They should always remember that it is their money and the decision is ultimately theirs.

The Osprey