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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: John Sladek who wrote (310)8/19/2000 3:51:27 AM
From: isopatch  Read Replies (1) of 318
 
John. Am not the guy to ask about the drillers. Will instead defer to several very well informed folks here that, I'm sure, would be glad to help you.

Have done very little with drillers or the rest of the OS to date in 2k. In 99' was almost entirely in OS. But made a big strategic shift Dec/Jan to strongly overweight sm NG E&Ps in the cap gain portion of the portfolio, balanced with more conservative total return but still NG focused issues on the income side.

Recently have added a little more OS exposure with MAVK which was another hat trick when I sold it in April @ 30 1/2. Only had a chance to nibble about a wk ago @ 24 3/16 before the darn critter popped on me, LOL.

MAVK is a good traders stock as well as an excellent longer term play. The merger with Canada's Prudential Steel has taken some time to digest, as is often the case with such things. But long term, the combined companies will be greater than the sum of the parts. So the merger is a big plus, IMHO.

Although have worked with Baker people in my Illinois activities, don't recall if I've ever owned the stock. Don't follow FLC either.

Isopatch
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