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


To: Paul Senior who wrote (44570)6/3/2005 2:35:28 PM
From: Frank  Read Replies (3) | Respond to of 206084
 
Paul -- I have a lot bet on GW but I wish I had more PTEN --how can the land drillers be a bad bet given dayrates, rig availability and activity level. --Good luck --Frank



To: Paul Senior who wrote (44570)6/3/2005 2:36:19 PM
From: wherry  Read Replies (2) | Respond to of 206084
 
Major Oil Sands operators - the best are SU (Suncor) and COS.UN (Canadian Oil Sands, which I have got), both on Toronto exchange. Pretty much a straight play on oil prices, and in the case of COS, on a nice and about-to-grow dividend (i.e. over the next year or two).

If you think oil is going to go back to $40 US any time soon, don't buy. Wait for the pull back if that's your belief.

Tony.



To: Paul Senior who wrote (44570)6/3/2005 2:40:24 PM
From: CommanderCricket  Read Replies (2) | Respond to of 206084
 
Paul,

You know, I've been looking but instead have been trimming my holdings. Had just about used up all my cash in May and did not like being 100% in. If the sell off had continued into June Mrs. Cricket would have had a few words with me. LOL!

Now that I'm living on my proceeds, I'm discovering the safety net of a full time job isn't around to bail me out. With that said, the purchases in May have been very profitable, especially KCS.

Sold more KCS and all of my MHR a few minutes ago.

Michael