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Saturday, April 08, 2006 12:16:00 AM
"This is where the time value of money comes into play"
"You could have two oil companies and each has a 1 billion bbl field. If one can produce that field over 5 years and the other over 50 years, which do you want to own?"
"Getting the cash sooner is far better"
So you advocate SEO selling out ASAP?
You sound like a trader that can't figure out the next day, week, or even month (although I think the thought of holding anything that long makes you shake).
If the CVX/SNP joint drill is real, that's confirmation enough for me... this dog can run!
"Cash sooner is far better"... ROTFL! Sell SEO, Sell, I need a quickie!
I'll take a 40+ bagger in 5 years over the stress of the game you play...
Every time.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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