RE:RE:phonse
a simple observation. I see people scramble for sales. My wife loves them. With any commodity other than money people go crazy for sales. Investments are wierd in that people pour there money in when prices are rising! Basically saying i will wait until the price goes UP before i buy. If your following trends this makes some sense. If your long and looking at intrinsic valuation it does not. With Fen we have dramatically increased proven reserves, production is up. Revenues will be up even with oil price depression. G&A is down.Monty is alive and highly ptrospective and we have added to our prospective opportunities and will continue to add to them with aquisitions and mergers! So, withMY own money and maybe a little of the banks money i vote FEN. On a humourous note i think this is a fentastic opportunity for the speculative portion of MY portfolio.