Discussion in 'Stocks & Derivatives' started by boneyard, Apr 6, 2011.
ASX listing NWE
What do you think about them first.
Directors are money men, peak production only 3 years away (gotta assume low success rate of other drills untill evidence to the contrary)
Natural gas prices fundamentally are low and look staying there for a bit. Me personally if im going into gas, I want better odds and more assurance of longevity without heavy dilution of shares.
Flagship project (quality and quantity?)
Share Structure (tight?)
Directors and Managment (history of honesty, meeting said target dates, qualifications?)
I hate too many shares being on issue - makes the stock volitile and means profit shared amoung more people for oil and gas - hard to say yes for me
Again what do you think?
What do I think?
I am a mug punter.
Stock market is to be played with.
I have some play money.
only in 2 stocks ATM.
One has gained 145%
Got in @42.7c
Is now $1.05
ASPIRE MINING LTD FPO (ORDINARY FULLY PAID)
2,500 2,500 0 0.427 1.050 2,625.00 1,558 145.90 0.060 150.00
The other is CGT
CASTLEMAINE FPO (ORDINARY FULLY PAID)
24,000 24,000 0 0.041 0.049 1,176.00 187 18.93 0.001 24.00
Got in @4.1 c
So the digital fiat profit gained from AKM has given me about $1500 to play with.
Thanks for your words.
looking forward to some input from others also.
Complete opposite on the gas prices - the earthquake in Japan is lifting prices sharply as Japan buys gas to provide energy in place of nuclear power (36% of they're nuclear capacity is down atm) they are currently buying alot of gas which is pushing spot upwards. Gas looks pretty good atm IMO
You might be right smooth, but I still want a very strong gas/oil stock to enter into, rather than take chances. Im not much of a trader I like buy and hold in long term trends of the underlying comodity. Thats why im in silver, gold, rare earths and uranium. oil is too scary, Gas is confusing and I have thorium covered just in case.
Look at Beach Energy (BPT)
And why didn't you tell us when the price was under 65c in Oct and not now when the price is over $1.05?????
This is what I mean, give me some input ( anybody/everybody) on your stocks to watch/buy.
Stuart Petrolium (STU) - refinery and oil production being taken over by asx:SXY (use to be called Victoria Energy, duno their new name)
Horizon Oil (HZN) - producer oil NZ and PNG
This is what I mean.
Give me info to digest.
I didn't know about it in October.
In-fact one of my first posts on SS in January was asking about oil producers. Since then I discovered Beach and I think its a good company; however my view on stocks has changed and I don't own it. I own 5 stocks and they are gold/silver related.......CCU, FML, MKO, SVL and ARD (soon some USN).
Personally, I wont buy any more stocks until the end of June so I can see what becomes of QE II and future liquidity.
Thats a good idea. Does anyone know how carbon tax will effect PM miners? How about raising fuel costs for PM emerging producers? Will it raise the cash cost per ounce much? I mean trucks still run on fuel - petrol prices are a big cost for miners.
GDO is worth at least double based on the gold price x # of ounces alone... hailed by some as the most undervalued gold play on the asx?
GDO is rubbish - explain to me why its so good?
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