GREY:ROAOF - Post by User
Post by
superdave2on Mar 19, 2008 12:43am
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Post# 14746253
My reason to believe
My reason to believeOne of the key reasons to invest in any particular company is management and their ability to grow a company and provide a return on your investment- that's pretty fundamental. I believe we have the management part covered in spades. With all respect good40 sometimes I think you forget another basic of business, sometimes you need to invest money (debt) to make money i.e build a factory to produce goods or build a store to sell goods. You consistently bring up OIL's debt. Not all debt is bad debt. Yes maybe they have not hit their targets as stated but I like the fact they set lofty goals, its better than swinging the bat hoping to hit a single. They have invested (debt) wisely and unless you think oil is going back to $40 that investment will pay off handsomely in the near future. If anyone wants to buy my shares call me in 2011 I'd be happy to sell them to you then (maybe). SD2