He sold it in July, getting stopped out after a three-month trial period, to buy RSX (Russian ETF, oil) to get exposure to Russian oil and natural gas. We're in an energy shortage.
Gas. They had an amazing discovery at Hinton Alberta a couple of years ago and since then they've increased their land holdings. Once we get past the next 6 weeks, gas prices will start recovering.
Natural Gas - this commodity could drop even further in the next month, so take your time getting into positions. 3 picks he would look at would be ProEx Energy (PXE-T), ProspEx Resources (PSX-T) and RSX Energy (RSX-X). They are all good western Canadian producers with good growth profiles and good properties.
He sold it in July, getting stopped out after a three-month trial period, to buy RSX (Russian ETF, oil) to get exposure to Russian oil and natural gas. We're in an energy shortage.