RE:RE:RE:Interesting 12 months target price !!!My plan is to hold until oil becomes over valued or we see a demand decline coming... if that means CJ gets to $15 or $40 doesn't matter, gonna try and jump out when waters get choppy again.
I don't know why you would want to hold a bunch of oil players in the same market doing the same things, you would start to just achieve average returns at that point wouldn't you? I've kinda spread around the sector myself, CJ for light oil, CPG as a bigger play, BNE for gas, FRU as a royalty, PPL for Pipeline, RUS as a materials supplier for pipelines and plants and CNR for rail shipping... and some intermingle as CPG ships through PPL and CNR and pays royalties to FRU... and I know at one time RUS was supplying valves and materials for PPL... I've been looking at adding a developing royalty, an oil player from anouther country but lists on TSX, but I wouldn't add anouther Canadian producer unless I'm moving out of CPG or CJ... I guess we all have a strategy.