GREY:ROAOF - Post by User
Comment by
butthenagainon Jun 08, 2007 1:38pm
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Post# 12915046
RE: increase credit to $500-million (U.S.)
RE: increase credit to $500-million (U.S.) Our reserves are good enough to double our credit by Bank of Scotland, what can Goody be talking about. Although I agree with many forcasts that we may be in for a 10/15% correction in the market, I feel that OIL will be less than that, and any weakness may provide buying opportunities. Can't think of a better oil stock to be in for the next couple years. Although I have topped up on OIL, I will be using a bit of margin on OIL profits in the future to bulk up on precious metals. Although more deversified in precious metals than OIL, the core of my spec investments other than OIL is becoming Exeter(XRC)VE. Some of the publications and analysts I follow make this company the one to watch over the next while. They are in Elephant Country, and who knows, I may someday be known as the Hannibol of Alberta. As always, as this board is so aware of, DD is required to follow the action closely.