Valence Tech & Market Talk With Don Wolanchuk Message Board

To: dave_s who wrote (67564)	9/25/2011 5:25:48 PM
From: berniel	1 Recommendation of 82934

If you are buying and holding xom for 30 years and re-investing the dividends. You should expect 3-5 stock splits and retire with a couple of million dollars. Xom gets treated like a dog in the news and by most money managers. It doesn't have huge swings just a steady eddy. They probably own more natural gas reserves than some of the biggest nations in the world. They can produce oil for about 6 - 10.00 a barrel . They own most of the deepwater leases in the Gulf of Mexico. They have some of the best engineers in the industry . At times selling there Technology. Let someone else prove it. Then go and buy the Co. out. They have been around for 100 yrs and will be around another 100. they only hire the top 4% of a class out of some of the most Technologically advanced colleges. They cut there teeth with xom and then move on to better pay. It is one of the safest , well managed co. in the world. JM2c Bernie