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

To: energyplay who wrote (41716)	4/12/2005 5:59:06 AM
From: Ed Ajootian	Read Replies (1) \| Respond to of 206085

Eplay, but that's the fun of it all IMO. After dabbling with some royalty trusts I have decided they are not for me, especially at this time. They are basically just one big commodity price play. I am not bearish about oil & gas prices but I'm not particularly bullish either, especially given where the market is trading vis a vis the futures strip prices. I've done pretty good with picking the better horses in this race over the past few years, and I believe its still going to be worthwhile pursuing this endeavor for awhile. The beauty of investing in a boom such as this is that even when you pick the wrong horse you can still get lucky and make some money. I put a lot of money on a penny stock called Energas Resources (EGSR) and they have had a horrific time of it, lawsuits, etc., yet I still was able to make about 50% profit on my investment round trip.