Cheadle12 wrote: I'm not saying what to do gonat, but here's my logic.
I'm super buililsh on the "BC Montney". I think there may be some complications down the line with Alberta Nat Gas heading west.. Sawyer had some lawsuits about this and it impacted jurisdiction (Federal vs. Provincial). As soon as the molecules are transported inter provincial, it's federal.
That said, CR, KEL, ARC are well positioned in the BC Montney. ARX have a nice tug for C5 for Oil Sands growth.. and KEL will continue to develop in Alberta for AECO hub.
KEL however, will build out Oak/Flatrock, a massive land base which will be roughly on par with It's Inga property (sold for $510M+$40M=$650M total). This can all feed either AECO or for West Coast LNG export. Debt free also.
Crew, well, we all agree on Crew. But a 60% CR, %30% KEL, 20% ARX is a nice balance with similar upside torque.
Also, if any of these three pop.. you can take some profit & but more of the others in the threethat havent yet popped. If you're on one horse & it's lagging, you can't do this.
Give it some thought. ~TGC.
gonatgasgo wrote: Interesting.
I am boring. My only O&G name is Crew. I know about the benefit of diversification but I did not diversify.
I first bought Crew 4-5 years ago, at around $4. Bought some more as it was going down. A bit more than a year ago, when O&G names were down to pennies, I wanted to buy Nat Gas names. However, I wanted to buy right away (Crew was in the $0.20s). I did not have time to do a lot of analysis. Since Dale was buying like crazy, and he knows the relationship he has with the banks, I also bought.
I did not want to diversify since I thought some names may go bankrupt, but I did not know which ones.
Now, with significant unrealized gains, I am not too sure I want to realized these gains just yet.
I do read a lot of O&G Stockhouse boards, and I am amazed to see the knowledge that some people on this board and other boards have.
integrity11 wrote: I find it very interesting and informative to see what other NG weighted equities the Crew Energy posters have chosen to invest in. I do value the opinion of most of the posters on this board. I do my own analysis like most on the board but I definitely do value other opinions.
My biggest current holdings include Crew, Arx, Kel, Bir, and Nva. I do have small holding in Wcp, Ovv, Cve and Meg. I am not a big investor like many on this board as I am still trying to recover from some big investment errors a few years back. I have done very well in the last year, but have a ways to go. I also have recently owned Tou and Cnq but do not currently own them.
I am trying to make some decisions on perhaps divesting some Nva and Bir and replacing with Wcp, Bte or others.
I can understand that some may not want to share their holdings.
Look forward to seeing some interesting responses.
Ron - Calgary