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Re: $treet Trader post# 1000

Saturday, 06/16/2007 2:01:24 PM

Saturday, June 16, 2007 2:01:24 PM

Post# of 7401
BQI is really a long term investment, but when you think what you can get in the future even with a $2500-$5000 investment now, it's the only way to get RICH, and not only earn your everyday living. (Buy GDOCF (shipping) at present prices for that purpose,too!).

Another Canadian stock I have kept eye on is Birch Mountain (BMD, Amex $3.08). It produces various equipment for oil&gas and mining industries (= shovels for gold diggers). It seems to be bottoming out now. Take a look if you haven't yet. What do you think?

In other oil stocks I have Statoil (in Norway, a dividend cashcow too) the big one, and Hemi Energy (HMGP $0.24 ) in USA, the small, growing one. Hemi is already producing oil in a traditional (cheap) way and having income - and there's always somebody to buy their product in these days of oil production peaking. Ethanol to replace oil is still so far away. Take a look at that too, if you want to invest in oil.

These are stocks, where you put in only small amount of money now and then, and only keep an eye on them that they are running smoothly during the months/years you wait for them to begin to bring you a long, long time reward. These are not only for a one time quick profit - for that there are better stocks as you know.

Xanadu

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