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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (47575)7/8/1999 6:01:00 PM
From: Fun-da-Mental#1  Read Replies (3) of 95453
 
How come nobody's talking about Precision Drilling (PDS)?

They're the largest land driller in Canada, they've always been very profitable, and they're buying out their competitors. The stock has gone from $10 to $20 in almost a straight line over the past few months. More upside potential? You be the judge.

To slider and Big Bull: What happened to RGO? I looked at it a few days ago and it seemed pretty similar to some other Canadian producers like Canadian Occidental Petroleum (CXY-TO) or Crestar (CRS-TO) but your recommendation tipped the scale in its favour and I bought it over the others. Now it's falling while every other Canadian oil company is taking off! Aaargh! Well, either it's falling for no good reason, or we've been stabbed in the back by insider info.

In case you all haven't guessed, I'm from Canada. I'm a mining geophysicist, but since mining (i.e. gold mining) is going down the tubes, I've put my $ in oil/gas, high-tech, and Japan. Hi to everybody on the thread!

Fun-da-Mental
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