RE:RE:RE:RE:Too quiet !!I am like you… But I grabbed most of my stock at around $.14. I can't buy and sell stock as a day trader. I did my research and then I committed a substantial and mount of money for me anyway to PNE thinking it was a good opportunity if gas were tight on supply and demand. LNG growth pushed me over when gas price was cheap.
Europe has been warming up based on my last read. But I don't follow the ups and downs of weather as much as I do in the United States. European LNG and Asian LNG prices affect whether or not the US will have boatloads to those locations. So they affect the supply balance in the United States for gas. The weather in the US affects whether or not we export significant volumes of gas to the US. Our own storage is affected by our local weather. It's going to be a great day when our local gas can be sold to Asia via LNG in 2025 as it will make up 25% of Canada's current production. In the US it is slightly over 12% of their current production. And look what effect it had on the domestic price of gas. But I'd like to make some money in the short term and make sure I'm well positioned before 2025 comes along