Talisman Mining Ord Shs TLM

RE: time to cash in a few chips ?

[syncrude]

as you say, at $62 it aint cheap & my December Call options expire real soon... Dec 16th otherwise "Crude prices may have doubled in the last year, but Goldman Sachs Inc. believes oil's rally is just starting to pick up steam, arguing that oil prices are in a “super spike” phase that could last another four years." I'm thinking Nat Gas prices are off the chart... we're in uncharted waters? the real appeal to me is Appalachian Gas gets New York gate prices (bloomberg.com) where everyone switched over & burns gas for water/home heating... clean burning, environmentally friendly? Winter starts Dec 21st??? early days, especially after Talisman bought Paladin in the North Sea... The International Energy Agency reckons that, in its baseline year of 2002, the world consumed 78 million barrels of oil a day and had a production capacity of 80 million barrels a day. By 2015, the agency estimates, the world will be consuming 103 million barrels a day, and 119 million barrels a day by 2025, with 45% of the increase coming from the industrializing East Asian arc stretching from China to India. https://www.forbes.com/window/2005/11/15/energy-conservation-oil_cx_pm_1116energy_maidment.html?partner=online&