TSX:ONR.UN - Post by User
Comment by
ModelT1on Dec 06, 2011 4:52pm
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Post# 19297016
RE: RE: RE: RE: RE: Good news this morning...Birch
RE: RE: RE: RE: RE: Good news this morning...BirchBe careful........they're going to label you a basher for stating the obvious!!
Plain and simple....... the price of Nat Gas is going nowhere for the foreseable future. The SP of any and all Nat Gas co's will not get any lift from any increase in the commodity price. So how does the SP go up???
Takeovers or acqusitions........but there's not much of that going on due to the depressd price of the commodity. Catch 22 and then some.
As a result, most Nat Gas co's will drift along at or below their NAV.
And my question is, why would anyone want to drift along with them when there's much more growth in other areas at present? (Unless of course you're a mindless pumper!!)