Gold Miners: Biggest Drag on My Portfolio, Yet the Biggest Opportunity [View article]
Dave, take a look at Talisman's record since inception in 1991, it was a BP spinoff. It has had 4 stock splits, one was 3 for 1. True that was the growth days but oil was lower then than now as well.
Cheap eventually gets picked up. TLM's problem was in the North Sea where her old fields started the fast decline and the new ones didn't start up production fast enough. Still, a 5 percent YOY growth of production should commence in 2009 out to 2012 at a minimum.
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Dave, take a look at Talisman's record since inception in 1991, it was a BP spinoff. It has had 4 stock splits, one was 3 for 1. True that was the growth days but oil was lower then than now as well.
Nov 06 09:18 am
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All Comments by Steven Ward »Gold Miners: Biggest Drag on My Portfolio, Yet the Biggest Opportunity [View article]
Cheap eventually gets picked up. TLM's problem was in the North Sea where her old fields started the fast decline and the new ones didn't start up production fast enough. Still, a 5 percent YOY growth of production should commence in 2009 out to 2012 at a minimum.