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.
Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: lehiguy who wrote (35349)10/22/2005 10:25:35 PM
From: Land Shark  Respond to of 313967
 
DJE recently bought into a Lavaca prospect.. This is a good strategy in buying into a number of drilling prospects here and there to spread the risk around. Small income from a large no. of sources adds up. Diversification is good. If you put all your eggs into one hole and it comes out dry, it can really spoil your day.



To: lehiguy who wrote (35349)10/23/2005 9:02:03 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 313967
 
lehiguy,

Yes I know and I own a fair bit of DJE. I'm simply more cautious about getting overloaded in any drill play at this point DJE really is just a drill play. I owned too much CKG and still own too much TK likely for my own good. I had a very small position in my RRSP of DJE which I let go to add up to my funds for ECA which may be gone Monday morning also for all I know... :O) I plan to keep a larger cash/liquid trading going forward. So I won't talk about DJE anymore :O)

regards
K