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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: JHR who wrote (72994)9/11/2000 2:50:43 PM
From: Big Dog  Read Replies (1) of 95453
 
Re PKD. I hear ya. But the company is needing money to expand it Russian operations (remember the press release of a few weeks ago?). So I think the cash will be put to good (acretive) use quickly. They may also pay down some debt which should help the cash flow and leverage picture.

Did you know that the 1 million shares that PKD got from Unit for its rigs has more than doubled...from 7 to 15+.

This may slow PKD down a bit, but should be ok in the longer run. Road show starts tmw.

big
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