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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!
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To: Elroy who wrote (79)4/19/2024 1:24:03 PM
From: FIFO_kid21 Recommendation

Recommended By
Elroy

   of 100
 
You would think they would perform some reverse osmosis process before disposing of the fluids as it appears for disposal they reinject it into non crude bearing land at $2.50 /bbl. Something I did not know beforehand.

With regard to Stahl I learned his view to the best approach of operating a crypto miner (which I feel would be a huge challenge given the halving events every 4 years and the challenge for obtaining nearly free energy and the proper timing of renewing obsolete equipment.

In addition his view that land is the best commodity to hold long term and in hindsight he is totally right as NVR (a 1300+ bagger) is really a land bank that happened to allocate capital much better than its competitors by shrinking its float from 17 million to 3 million.

Anyway I enjoy your commentary given your views are the closest to mine of any other poster.
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