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theBuddha - Mon, 02 Jan 06 :

That's cool 1toMany.

I agree with you. It's all about making money and you need to do what is right for you.

I went into PET for a while, before it sank in, that shares do trade on uncertainty. With this in mind, there is nothing more uncertain than Iraq. Made me kind of realise that Iraq will never produce the goods, because Iraq will have uncertainty for most of the length of my lifetime. Even with new contracts, there will always be enormous doubt.

O+G inherently has uncertainty. But VOG has real finds that will inevitably (devoid of an International crisis), produce real masses of money.

Now, I have decided, that within the risky sector of O+G, there are different levels of risk. Russia is about as safe as it gets I'm afraid.

If you need the money then you should definitely sell. But, in the words of Oasis, "Never look back in anger." In fact, don't check. Just enjoy the profits.

DYOR of course init!


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