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Gold/Mining/Energy : Swift Energy (SFY)

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To: arkay who wrote (1136)	9/3/2000 2:19:33 AM
From: PuddleGlum	Read Replies (1) of 1602

Looks like Mark was a lightning rod this week on this and other threads, for no obvious reason that I could see. I'm glad to see some other posters come out in support of him, since he's been one of the best contributors to this thread over the past couple of years. Stick around and get to know him, he's OK in spite of the fact that he's a Brit :-) FDPC (fin de [end of] pissing contest, for those who don't mind some French thrown in) Regarding your calls, arkay, I bought lots of them with very little premium a couple years ago. Cheap stuff that got even cheaper. The regulars on this board have heard that story before, so I won't bore them with it. Truth- APC had some major discoveries over the last few years, but the market paid no premium for those discoveries (Tanzanite field comes to mind), so I'm only 90% surprised that NZ doesn't seem to be factored in to SFY's price. The company can book some reserves, but how fast do you expect a significant contribution to the bottom line? With rig availability kind of tight it may take awhile to start developing the field. Any comments? pg

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