Do you think they can use the same pad drilling techniques employed at Bauer for Flax?
I guess all oilers are in the same boat now and as Warren Buffet keeps saying we are going to see who is swimming naked when the tide goes out. Cheap unbridled money for capex followed cheap easy money for speculating in the market was always not going to end well. More pain may still come.
I have been adding to my position in DLS and SXY looks like prices might be stabilising here for these two as well as oil with a bit of volatility to come and some uncertainty of how Russia will react.
There are some big games going on out there and if you are debt free in the market ie you own your shares I believe you need to just wait it out - the recovery in prices will come. Time period - who knows.
Hope you and the rest of DLS (and SXY) shareholders are doing ok.
Wishing you all a safe and Merry Christmas and a wonderful and hopefully profitable New Year.
Cheers
BW
___________________________
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury
Signifying nothing.
DLS Price at posting:
70.5¢ Sentiment: Buy Disclosure: Held
