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

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To: Jordan Electron who wrote (2192)3/20/2001 7:31:57 AM
From: Greywolf  Read Replies (2) of 2742
 
Time to Buy!

ENS who have been accumulating LOIL B on SAX are back buying and why the hell not! The media fluff surrounding the company and more importantly ex-prime minister Carl Bildt is ebbing out into the realm of the ridiculous.

In interview after interview CB has quashed tabloid questions with factual answers.

"Much Ado About Nothing" has been made of the fact that SHB ie Svenska Handelsbanken Funds have sold 335.000 shares on Monday because of the questions concerning the Sudan. Well none told their private customers who bought net 111.000 shares the same day.

Hypocrisy on a large scale is weighing the stock and with increased production in Malaysia, a stable oil price and strong dollar the bottom line is set to look a lot better Q2 and onwards.. This irrespective of the other things to come during the year.

LOIL, LOILY is a steal at todays level!
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