RE:RE:RE:RE:RE:RE:An upside down viewpointWell, Oldnagger we want you around.
If not for four or five people on this board it would be a wasteland.
Not that it has any great impact on the big scheme of things.
Accounts are certainly looking much better than first week of July. July 6th being the low for PEY range.
Although I totally missed out on taking profits mid June, I did switch a few CR and PEY shares into Arc calls, PEY calls and VET calls. Still have a wait to get back on some like ARC but getting there. VET is looking good. Wish I had the guts to buy 100 calls on VET when it was down. None of us knew or still don't know what the interest rate scenario will do to us in the long run.
I feel that as prices keep up in this range, especially for NG NYMEX great, AECO decent but a ways to go. Hopefully LNG projects are now real and not just paper, so they will have a huge impact on the demand from Canada for LNG thus NG demand and prices to follow.
Many have locked in long-term sales contracts so there will be a push to follow through.
Someone was going to post some pics of the Cascade project updates????
Even though I want my money NOW, there is just not enough to make me feel comfortable. So I need to wait out the next year or two and try to not eat into my profits at any point.
Still need another 15% or so increase to get back to June 6 to 13 or so prices but I am patient. You don't see how my face is contorted when I say that.
I am really interested to see how PEY and VET handle debt and whether VET starts a dividend.