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


To: Wowzer who wrote (25888)9/24/2003 12:36:22 PM
From: Tommaso  Read Replies (1) | Respond to of 206089
 
Depending on what happens (of course) to NG prices, I think ROYALE could easily see a 50% gain in the next 2-3 months. These former glamor-spike stocks (quick quadruple) hardly ever seem to repeat their earlier fireworks, but then they get knocked down below true value in the reaction.

Nobody else seems to be following it, but just this year I have a 500% gain on TYK.V, Tanganyika Oil which had a spectacular boom and bust over a period of a few weeks about three years ago and got knocked almost to nothing.

Of course, I have had two or three of these penny-energies that have totally vanished. Mainly I stick with much bigger and more stable operations.



To: Wowzer who wrote (25888)10/2/2003 11:17:42 AM
From: Tommaso  Respond to of 206089
 
Hi Rory,

I have kept on buying ROYL for the last couple of weeks and have a very good average price--and I am hoping it is starting to make its move. With the unusually chilly weather (including where I am, where I do not recall turning on the furnace this early before) natural gas prices may firm up, and with the general mess of things in California I now think ROYL could easily double and be fairly priced. I do NOT look for the quadrupling that we saw after you first mentioned the stock three years ago.

Most of their gas wells are good producers, and they have several proved out wells that are not even connected yet. I suspect they may be holding these back in the event of another serious shortage. With such a small company (20 employees, including several members of the same family), this is very high leverage.