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Bmrboy

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Bmrboy

Re: JustForFun7 post# 13626

Thursday, 10/10/2013 12:04:47 PM

Thursday, October 10, 2013 12:04:47 PM

Post# of 17740
I agree on MMT.v - lots of worries/fears priced into it at this point. Pretty good bounce off of the .90s level. I would expect that to hold. Once the Shell pipeline gets confirmed and they can add some production, I would expect this thing to stay in the low 1s. I picked more up this morning.

Look at TGA - I think the same thing could happen here but it will take some time to get the investors back in it. A lot of them are probably frustrated about the stolen oil, which already drove some majors out of Nigeria.
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