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Strategies & Market Trends : Strictly: Drilling II
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To: loantech who wrote (25130)1/9/2003 12:11:12 PM
From: Claude Cormier  Read Replies (1) of 36161
 
<If they do not hit in the 1st round of drilling at La juliana I think the stock could go down a fair amount.>

Well all depends how many targets they are drilling. Also keep in mind that stocks can go up to markets caps of $200M easy even if no drilling take place. It is happening now with SWG. It happend in 1996-97 to FGX when they discovered El Sauzal.
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