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Re: lentinman post# 6504

Thursday, 03/10/2005 8:15:39 AM

Thursday, March 10, 2005 8:15:39 AM

Post# of 173790
OT Lentinman,

Don't worry to much I'm not going to talk about Valkyries or another canadian anymore on this board it was just an OT stock....we don't know if the acquisition in Russia is profitable..'I think it is' but since I play this market in a safe way best thing to do is wait untill they post Qtr earnings...

I also saw they have some hedges 500-600 BOPD untill 1/2 2007 at $23/barrel...so after the qtr e. we can judge or qualify this one as a value stocK...if it is one offcourse...


I'm getting a washout DNO today -5% ...all caused by the US..for a tiny drop in the Oilprice..funny part of the story none of these stocks are valued with Oil over $ 40 per barrel...well this is simply another short term correction like we saw in the past...

Moral of the story:

there's enough heavy crude but not enough light sweet in the world...


Suddenly everyone is talking about a top in Oil when everyone talks about a top there is no top..same BS like it was in 2004...

good luck all,

RR

Immaturity is the inability to use one's own understanding without the guidance of another.

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