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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (2069)2/25/2001 9:55:43 PM
From: virginijus poshkus  Read Replies (1) of 2742
 
Tomas, I remember when I bought IPP at $3 and it promptly went to $1. I spoke with and I am not certain of this, either Lucas Lundin or Ian, but in any account, they were greatly dismayed at the stock price. Keep the faith was their word. Things worked out as the stock eventually made it back to $5. This is similar to the situation we have here. If the 100% increase in production holds , you will be looking at $1 plus cash flow on a $2 stock. So, I see instant opportunity here. Keep buying the low price inventory and it will only be a short while before some analyst is interview by barrons who recommneds it. By then the stock will be $5.

vargas
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