'Stavros' pid='66708' datel Wrote:We'll all wonder why everyone thought that Oil and LNG prices would remain low forever!
Stavros, I could not agree more. I'm buying $2000/month of energy stocks right now and am not worried a bit. This may turn out to be a once in a lifetime chance to buy energy stocks at such a discount.
Second, thank you for your input/knowledge on this board; you add great value.
Third, stupid question time. I have seen numerous people put up some very large certification numbers; in the range of 10-12Ts. I think you may have been one of them. However, per Pet, Total is testing for a potential water drive which will reduce the recoverable estimates to about 60%, or 6/7Ts. Is the potential for a water drive something that is not a concern for you, or what is you rationale to dismiss this concern? This is the only remaining concern for me.
Good luck longs.