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 Strategies & Market Trends : Strictly: Drilling II

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To: Art Bechhoefer who wrote (36101)8/29/2004 11:31:16 PM
From: Frank PembletonRead Replies (1) of 36161
 
Art ... issuing new shares -- that's the way it is with natural resource equities-- you're continually being washed out of the darn things.

...as for the pay-off? By the time the roads freeze up and they get their ice bridges built, my guess is that you'll have to wait for spring break for any drilling results.

You might be a weee bit early by buying in now.

If you're interested, you can check out what we're saying on my thread @ IH. You'll get some pretty good commentary on the Canadian oilpatch.

investorshub.com 

Regards,
Frank P.
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