Exploring Hydrocarbon Depletion
ROCKMAN wrote:sparky - "definitely not for the fainthearted". But well designed for opportunists. From the start of the shale boom the Rockman exposed the dirty little secret of the oil patch: the play would eventually bust big time. Which is exactly why the pubcos spent money like there was no tomorrow...because they all knew there was no tomorrow. Folks still focus on how much money has been lost and ignore the many $BILLIONS made by they players. Players that knew they had to drill as many wells as fast as possible to get stock prices up so they could cash out before Tue bubble popped. Which is exactly how it played out.
And now more $BILLIONS in future profits are being set up as another set of players are buying all those millions of heavily discounted bbls of PROVED PRODUCING oil reserves.
ROCKMAN wrote: if an investor doesn't have a firm grounding in the oil patch dynamics they have no business investing in our stock.
U.S. crude hit a more than one-year high on Wednesday after government data showed that U.S. crude stockpiles declined for the sixth time in seven weeks, as refinery activity fell and the country imported less crude.
ROCKMAN wrote:Goner - I've told you before how easy it is to make a fortune in any commodity: buy low...sell high. You better getting moving before the rest of the herd...I mean investors leave you behind.
Me? I'm putting all my money into a tapioca mine.
ZnO nanoparticles have been prepared from a new bio-fuel, tapioca starch by gel combustion method.
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