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kingman

02/07/07 1:48 PM

#14724 RE: RobinSLCC #14723

I think proven reserves will have much to do with the price really taking off

bronco buster

02/07/07 4:37 PM

#14729 RE: RobinSLCC #14723

OT: You know, what opinions are like (everyone has one), so whatever my opinion is worth can be taken like a grain of salt.

My MBA is in Economic, World Marketing. Has anyone listened to what our "budget" will be next year? $2.8 TRILLION!!!! On December 14th Berneke went to China, because China has ONE TRILLION US DOLLARS in RESERVES, and they expressed the desire to convert them to Euro's!!!! (Now those that believe that we can trust China not to do what's best for them, I have a bridge for sale) The Euro was originally $.87 USD and is now $1.315!! IF it reaches $1.35 we will be FORCED to DEVALUE our dollar!

Oil will hit $100 for 42 gallons and unleaded will be at $5.00 a gallon. Getting into a stock, such as this, for PENNIES will be unheard of.

Those that will be happy with a 3/4 bagger are a little short sighted, IMO. Find yourselves an O&G stock you're comfortable with, put some money in it, AND LEAVE IT THERE FOR YOUR FUTURE!!!! You could be rewarded a 100 times over for thinking ahead and penalized for not having foresight. We all have hind sight, but that's AlWAYS to late. I believe that Tom has found an OIL FIELD, so I'm going to roll the dice with him!!

Please excuse my ranting and raving, but I had to get it out of my system!

wtctexas

02/07/07 6:54 PM

#14734 RE: RobinSLCC #14723

I have learned to not put a price target on things...That being said I am looking for well over a dollar as a long position and won't even consider selling until then as I am still looking forward to the $ per share dividend potential...JMO

GLTA