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

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To: excardog who wrote (2149)3/7/2001 4:37:38 PM
From: CommanderCricket  Read Replies (1) of 2742
 
What's the downside here for LOILY? Just took a small position on first blush (It's easy to take a small position and own thousands of shares) :)

Spent a considerable amount of time reading this board and going over the Lundin website.

What bothers me is that I can not find anything "wrong" that would justify such a low valuation. Is it the political situations (Sudan, etc..). I know that OXY trades at a lower multiple due the some of it's production coming from Columbia.

New to board (good discussion)and excited by this opportunity.
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