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 (90802)	5/11/2001 11:33:18 AM
From: Frank Pembleton	Read Replies (1) of 95453

>>Not sure I understand what you mean by returning >>to cash, "due to consolidation." When I entered the O&G sector 20 months ago, I loaded up on jr exploration plays -- one by one they were gobble up by bigger fish. Most of the takeovers were cash for stock. I've kept myself 100% invested until recently, now it's harder to find value, so my natural instinct is to hold more cash. >>What other cyclical sectors are you interested >>in besides gold and energy? I think I'll leave that question alone for now, simply because my view of things can change dramatically from one period to the next. After Bre-X, I never though I'd be a gold investor, but I am. Whodathunkit? Regards Frank P.

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