Strictly: Drilling and oil-field services Message Board

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

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To: isopatch who wrote (87158)	2/14/2001 11:58:56 AM
From: Sharp_End_Of_Drill	Read Replies (1) of 95453

Iso, I've still got all the STXD I've purchased. Even with averaging up I've got a combined 59% gain. Based on comparisons to their land drilling peers a double would not be unreasonable, and possibly more. They are currently valued at 1/2 of TBDI, 1/5 of GW, 1/4 HP, 1/6 UTI, 1/4 PDS, 1/4 PTEN, 1/4 UNT, 1/8 NBR. The quality of their assets would tend to indicate a higher premium should they get bought out, which is probably the only way their real value will become evident since they are thinly traded & not on a major exchange. I'm happy to ride out the potential downs of this year and hold these guys long term. Value is always discovered in the end. Sharp

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