Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: rails99 who wrote (16801)	8/1/2002 5:39:09 PM
From: Frank Pembleton	Read Replies (3) of 36161

Rails... about bottom fishing, I guess if you've got the stomach for it - great! The BK in the American Utilities sector is as probably as close as you can get to a no-brainer, there's special interest from both business and the political establishment to see the financing get resolved, but bottom fishing with a foreign company like PGO is a different story. Tight Stops! About Cumberland... no new news from what I can tell -- they're still scheduled to drill 70 more holes. FWIW going by past successes from this exploration gang I'm sure they'll be able to up the reserve count enough to finance a 10 year mining operation. See pr: biz.yahoo.com BTW, If you've got a little cash that's burning a hole in your pocket you might want to take a position in Western Copper (if you haven't already) - Mr Winter just wrote a new post (rant?) on it - which I agree 100% on. I'm still long here and I haven't sold a share. Message 17825179 Regards, Frank P.

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