Post by
zalmonella on Aug 18, 2021 2:14pm
Ah well...
Too bad I averaged down a couple of weeks ago. Not doing that again. Good thing I'm not in big.
I know a part of my decision was the hope that Kenney would be throwing money around at oil industry initiatives like crazy, and I thought a pending election could only be good for energy initiatives that positively affect CC issues. But that's obviously not yet.
Maybe when the silly political season is over. Or maybe I'll just have to cut'n'run...
Comment by
zalmonella on Aug 18, 2021 2:19pm
On the flip side, debt free and lotsa cash counts for something. At these levels, there's a 5-year runway at least before financing is needed, and only when business comes back will they need to either borrow or come back to the well to commission new equipment. ...tic....tic...tic...