RE:RE:RE:RE:RE:RE:RE:RE:NcibYeah Frank, I have an oil patch "trash" friend who's son has just been accepted by MIT to do a PhD in thermodynamics there in Boston. Farm kid from Alberta. Solves partial differential equations in his sleep.
Common sense goes a long way. It all comes down to narrowing down the possible paths a process could take. Eliminating uncertainty. My friend has hedged the uncertainty in the Corentyne play by buying shares in tve, bte etc. Once he is more certain in Corentyne he will pile the cash into fec/cgx. But the essential point is that he is long on hydrocarbons. It's just a matter of figuring out which hydrocarbon company is best. Renewables will never replace hydrocarbons is his core bet. What's left? Nuclear maybe. Anyway I reckon that there's piles of cash waiting for more certainty.