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iShares FTSE NAREIT Mort Plus Cp Idx Message Board

  • robinhood3a robinhood3a Mar 16, 2006 7:45 PM Flag

    deepsub9

    thanks a ton for the info on canroys. really really appreciate the help.

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    • glad it helped ya.............there are a lot of them out there...........once you get into them, you'll figure out all the metrics to be able to compare them all........good luck!


      To the poster who thought that the $15 million spent for new GOM leases was too much...........I might point out, that BP paid only $23 million for 73 blocks in that same auction.................so what quality do you think REM got, when they paid $15 million for only 8 blocks.......................seems they cherry picked the most expensive and CREAM of the CROP !!!


      BP got a lot of questionable.....cheaper blocks that most E&P companies didn't bid much on.............my guess is that REM picked the best probable winners from available 2D seismic and walked away with a handful of the BEST leases!


      This will only add more aces to HELIX's hand once the merger is complete!


      GOTTA LOVE IT !!






      deep

 
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