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Gold/Mining/Energy : Transocean (RIG) -- Ignore unavailable to you. Want to Upgrade?

To: Qualified Opinion who wrote (334)	1/5/2015 8:39:43 PM
From: robert b furman	1 Recommendation Recommended By Truedarkblue Read Replies (1) \| Respond to of 366

Hi Qo, I'm a newbie here. Once you lease the land and start the clock -you have huge losses looming if you do not drill and huge losses unless you have good leases. FREE CASH FLOW WILL BE THE DETERMINNG FACTOR. Hedging forward production will be very helpful to future cash flows. Unwinding them and rehedging may be the best scenario? Like most sector damage, mergers and acquisitions will give us timing clues. The first wave will be the weak sisters - the second wave will be more instructive (in my swag).lol I have no doubt sub 50 dollar barrels will be a aberration vs the long term. Those who have survived past commodity swings will know how to lever their conservative ways into the long term benefit and future greater profits. So it is written - so it will be !! We are early into this game. I'm sure it will require scaling in and if you hit it perfect - you will be lucky. If one allocates capital in scale and have the ability to hold on long term - it will be a wise wealth defining period to be an active but determined investor in. Just my long term belief and I could well be wrong for a while and then.<smile> It will be a great retirement plan. Bob I like KMI,RIG,ESV and those that do not have a good enough dividend policy yet. Bob