RE: just for the record :-)ArtB---Hi.
Just for the record,myself, David Bajwa is not ceo of cex, he's the pr guy. Terry Brown runs cex. I started getting to know Terry when he was operator on a hole in nfld, he's always been quite non-promotional. Have had a few face-to-face meetings with him since, when I ask him what he's doing it's "we've got our plan and are pluggin' away at it" kinda attitude.
This Dave guy came onboard a while ago, I called him as cex was going nuts, expressed that I thought it was running too far, too fast, talked about frankfurt listing, etc. I found him quite a lot more promotional than Terry--which I guess is his job!--he downplayed my concerns. I was not convinced and basically exited cex--still like the co and would like to reload, but simply could not leave that much $$ on the table. I am not arguing with your sentiments, just clarifying who you're talking about.
On NG storage, I don't think it's 'strategic reserve' but do think there's underground---'in the ground'--storage that reason would appear to dictate should be replenished when prices are low.
As disclosure, I became aquainted with slv fairly recently and have bought some. I have known fred rumak for several yrs and began buying pan a while ago.