DNO is one of my largest holdings for all of the reasons spelled out in the presentation. Additional reasons for holding are the strength of the NOK, here is a link to the Norges Bank and everything you ever wanted to know about the NOK and Norwegian monetary policy:
Political reason for owning: Have you ever seen anyone burn a Norwegian flag and cry "Death to Norway!"??? Me neither!
Many think it is too late to be in DNO but I think it may deserve a harder look. The next big quarterly presentation is Feb. 15th and I am looking for a big pop on recent drilling reports. Basement oil is a new term I have learned from DNO and you will be hearing more about it.
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