SI
SI
discoversearch

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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (22196)5/5/2003 8:13:54 PM
From: Broken_Clock  Respond to of 206323
 
Anyone here like GW for a trade on the land drillers? Last time it made a big high it hit $7. Biggest volume in the last 5 years this past week.

I made good $ on GLBL under a similar scenario around XMAS.



To: quehubo who wrote (22196)5/5/2003 11:55:17 PM
From: energyplay  Respond to of 206323
 
Hi Que -I've been reading you posts and I agree wtih your thesis that we are heading for a possible 'traion wreck' magnitude NG crisis this summer.

With more nuke plants down, the crisis seems to be accelerating already - and even with mild weather, we are not seeing the 75-100 Bcf builds we should get at this time of year.

We could get a price spike like March, and then a drop back, with the big price rise comming later in the summer.

Or this could be the start of a tsunami wave of price increase.

Price is up and it ain't really hot yet.
I bought some more NG roylaty trusts today - ERF. Starting to buy a little on margin.

Nice thing about the royalty trusts is there is a strong transmission of NG prices to distributions and stock prices.

With E&Ps, sometimes you have to wait for Wall Street to get the message.