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

To: CommanderCricket who wrote (51923)10/20/2005 5:10:34 PM
From: stan_hughes  Read Replies (1) | Respond to of 206325
 
Pure speculation on my part, but I can envision reading an announcement from somebody or other that they have bought X% of ECA "for investment purposes" as a means of hedging their NG requirements -- ripped from the same playbook as NEM when they bought those 6MM shares of Canadian Oil Sands



To: CommanderCricket who wrote (51923)10/21/2005 1:48:05 AM
From: Live2Sail  Respond to of 206325
 
Doesn't matter anyway, Shell could buy em for $70 tomorrow and the market would punish ECA back to $48 anyway.


You're far too generous. $42 would be appropriate.


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