GREY:DPGYF - Post by User
Post by
Rocket101on Apr 19, 2012 9:23pm
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Post# 19814991
Valuation Here
Valuation Here Yes low natty price will hurt somewhat but keep in mind that they got the liquids and light oil plus a % of gas hedged at $3.00 So yes as gas moves lower or goes to zero and the world ends then I guess it don't matter if hedges have been put into play and diversification took place. This year will be oil and liquids but keep trumping your horn cause your giving everyone a good insight and thank you billy for the awareness and you saying under $ 1.00 now so we take the wait and see. I hope that big money doesn't see how depressed some of these plays are and mop everything in sight. Given the price of gas though who knows its the herd mentality.
JMHO
Always do your own due diligence