InvestorsHub Logo
Followers 3
Posts 81
Boards Moderated 0
Alias Born 11/01/2006

Re: lowman post# 29630

Saturday, 02/02/2008 12:00:16 AM

Saturday, February 02, 2008 12:00:16 AM

Post# of 51429
Low, I respect you because you are willing (sometimes) to admit when you make mistakes. These small cap Oil & Gas penny plays had some strong potential, but most of them have just not panned out, and part of the problem has been unrealistic investor expectations. I've been around the oil biz long enough to know that the more you trust, the more you stand to lose. All I can say about the Barnett Shale is that for a company with a modest infrastructure, the risk involved in exploration, drilling, then transporting the gas, if economic quantities are found, is enormous. Stick with mid cap stocks invested in the Bakken play in MT and ND; you'll thank me later.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.