posted
Investors should continue to be rewarded in these commodities, as the chart patterns point to higher prices. Gold should head for $750 in this leg, and then, after a brief (however, not necessarily shallow) correction, should try to take out the 1980 highs at around $900. The oil charts indicate a move into the vicinity of $77 to $78 relatively soon, and then, after a correction similar to gold, a move towards $100 per barrel.
Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.
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imakmony2005
unregistered
posted
Yes Goldorak356, The big push up is coming.IMHO
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***a holding company with assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries.
This is a coal bed methane gas play. Not even close to an oil company and a conventional gas play. Look at HOGC's chart for proof of a typical cbm gas company. Oil first has to make it to $100. And Saudi Arabia will do everything in its power to prevent that. They want a stable market price of around $65-$70. Of course they are not the entire picture, which is why oil will eventually go to $100, ....this yr. ...2007, may see $125+. No one has a crystal ball for the time tabel on the Iran/US showdown over the nuclear issue.
-------------------- Do not invest on any of my suggestions
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posted
FDEG should be drilling for oil right now according to their May 3rd target. They said 14 days after and we should know the results.
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31 March analysts, said they could top $94m multi-year orders during the year. Well the last deal has beaten it already - now have multi-years at $106m!! - makes P/E very low. PMHH is subsidiary of UK listed GME - who have 10 institutions invested with 60% this quarter and chairman with $1,880,000 (£1m) invested.
It's a no-brainer but only if people notice (which they haven't yet)
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imakmony2005
unregistered
posted
I have OWL hell you got it posted everywhere.lol OIL GOING UP.
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posted
Re PMHH oil services(and I know it's not moving yet ...lol)
SourceOne is an Alliance prefunded by Rowan Companies Inc. (RCS) It means PMHH can be secondary contractor in the alliance, and so can do the work without using their valuable capital.
Not only that, Rowan is an NYSE listed company with $1bn in revenues http://www.rowancompanies.com They have 12 rigs without contractors, and have just started paying regular quarterly dividends due to too much cash! Also, they were badly hit in the Hurricanes.
The SourceOne Alliance is very understated. However, once you dig around, the potential for orders is huge. Finally, it is possible PMHH could become a subsidiary...realising it's dream of becoming an NYSE listed company as a subsid of Rowan. I'm nogt sure if this is in their minds but it would tick all the boxes and would be one of only a few reasons for the UK interest. Check it out & DYOR.
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