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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (48050)	5/20/2012 10:22:28 AM
From: Paul Senior	1 Recommendation Read Replies (1) \| Respond to of 78704

EKS, I'm just reluctantly holding on to my losing positions in erf/pwe. I'm not intending to add-- still preferring oilers. "...Australia with their NG resources (large potential exports to Japan & China). However, many of these countries are looking at or have implemented a "resource" tax. Australia is one of these countries. Do you know if Canada has considered such a tax." I don't know about a Canadian resource tax. Here's an article about resource taxes world-wide: smh.com.au I'm still not sure about the viability of Australian ng, especially shale development leading to lng exports. Still, I hold stocks that are Australian ng involved. Hess being one. I am also still holding Australian Beach Energy(BPT.ax) and AWE (AWE.ax) for their involvement: Message 27471631 finance.yahoo.com Some other Aussie shale gas developers are mentioned here: bloomberg.com