GREY:DPGYF - Post by User
Comment by
mineplanner08on Oct 07, 2014 8:18pm
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Post# 23008200
RE:RE:RE:RE:Price drop
RE:RE:RE:RE:Price drop
The latest climate report I read a while ago showed a minor El Nino event is likely, meaning a warmer than average winter in North America. If this comes true, no rush to buy here.
I think DEE uses $3.70 gas price in their forecast so as long as we're above there, don't sweat this correction. As long as gas prices don't plummet from here, DEE will do well over several years.
US oil production peaking in 2017 won't help gas or this stock, unless you're talking 4-5 years from now.