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

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To: isopatch who wrote (71544)8/23/2000 9:36:45 PM
From: isopatch  Read Replies (2) of 95453
 
Re: GRL. Will $10 fall this week. Take a look at the chart and draw your own conclusions.

siliconinvestor.com

One of their most important "high impact" offshore prospects is being drilled right now. And this relatively conservative, well established, mid-cap with 40 years of experience in Indonesia, took down the whole $6 million cost of drilling this well. NO PARTNERS!

That tells me GRL mgt thinks they are sitting on a major, world class discovery. If they are right and this oil well comes in big? It will take a backhoe to dig the specialist out from under the mountain of buy orders he'll be buried under, lol.

Isopatch
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