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Gold/Mining/Energy : PRECISION DRILLING CORPORATION
PD 12.34-2.6%Jan 9 9:30 AM EST

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To: Harry Stein who wrote (153)12/24/1999 2:25:00 AM
From: Edward W. Richmond  Read Replies (1) of 163
 
Harry, I see PD as money in the bank over the intermediate and long term. The demand for energy requires increased exploration. We will, in my opinion, have to play catch-up for our lack of drilling in the past couple of years. As the balance sheets of energy companies improve, they will have the resources to begin aggressive drilling programs. Thus, the till will ring up the revenues for Precision Drilling. :o)
Regards,
Ed
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