Post by
bossu on Mar 07, 2022 8:54pm
What Quasimodo told you...
But Putin did not call me !
Be cash and be invested in the oil sector like Vemillion .
If I could say to Randy ;
Increase your exportation LPG to Asia and bring the schedule to a one load per week at Ridley for 52 loads per year or 2 289 000 tons or 80 000 bar/day
You could do the same at Ferndale and increase the exportation by 50 %
and t bring an 64 000 bar/day for a total of 144 000 bar/day
Your project for a third exportation operation is an extra possibitity to double the production to Asia.
Sorry but I have to ring the bell and take care of Esmeralda.
I may come back in a couple of weeks but Quasimodo is feeling very good to night because of Vemillion share price getting excited .
As far as the drop in rhe overall market Quasimodo d'ont care because his exposure is weak !
Comment by
Capharnaum on Mar 08, 2022 5:56pm
Fully agree with this. Also, for those waiting... the big question then becomes "when do you get back in", and in general, those who are waiting will re-enter at much higher prices than the lows (due to the negativity, aka it can always get worse).
Comment by
DeanEdmonton on Mar 19, 2022 11:43am
Good advice as usual Sarge. Anyone who sat in cash the last 12 months, not only missed 35% gain they would of had, even with a very conservative portfolio, they also lost about 15% to inflation. Leaving your money in the coffee can for a couple of years when inflation is running rampant is a gaurantee you will have far less purchaing power. Takes a BIG market correction to lose 30%.