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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$

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To: FoxyLoxy who wrote (3132)2/29/2000 1:17:00 AM
From: Arktic  Read Replies (1) of 3156
 
Foxy:

Although I've said it before, I'll say it again. You were right. I had money where my mouth was so I can never be accused of pumping and dumping. This one was a stark lesson to me about the importance of good management followed by financial backing. The geology seemed excellent but utilization of resources was highly questionable as can be seen through the rear view mirror.

In any case, my hat off to you for calling this one entirely correctly when you entered the fray. As stated by T.S. Elliot, "In a world full of fugitives, the man taking the opposite direction appears to be running away." In this case, your contrary opinion was not popular on the thread but eventually proved quite correct.

Nothing speaks louder to me than success. In this case, your prediction was on target. Although the plug has not been pulled yet, it seems highly improbable that any event will stop the inevitable.

Paul L. Craig
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