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


To: Ed Ajootian who wrote (97041)2/21/2008 12:22:18 PM
From: RJA_  Read Replies (2) | Respond to of 206209
 
>>RJA, I actually like LINE a lot more than CEP, and have invested about 7X more in the former than the latter.

I agree. However, problem with LINE appears to be hedging... they are very hedged...98% NG, 90% oil, meaning if we get into a hyperinflation they will not receive more for their gas until the hedges run out.

I could see that as dangerous.

Am I seeing this correctly?

Is there a strategy that takes this into account on their part?