I missed KAR years ago. I absolutely hate paying for undrilled stuff. Virtual oil, bluesky, whatever, it generally doesn't materialise, and if it does well the market has probably devalued it to zero twelve times before it is tested anyway.
Having said that I have missed some great runs (not that many have passed the RLD - eg AED, MEO).
If only oilers could perform like nickel stocks. If only all stocks could perform like IGO.
Doesn't fit my style/temperament.
EL
IPM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
