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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Think4Yourself who wrote (30158)2/23/2004 11:35:05 AM
From: jim_p  Read Replies (3) of 206085
 
"Due to extremely high pressures encountered and encouraging results experienced to date, Canadian Superior and El Paso are about to commence logging operations at the "Mariner" I-85 well."

Translation from the hype:

We have experienced problems on the well and are not able to reach our objective depth due to the high pressures. We sure "hope" we find something because after all the hype on this one well our stock would go to sh*t it we don't.

I would not call this a positive release unless you are long EP and hanging on to "hope". There's that darn hope word again. We need to find a way to keep it out of the investing mind set???

As some would say, Weshallsee!!

Bought more RRI today at 7.05-7.10. We can't be far from the bottom I "hope". At least with RRI it's only a matter of time before we see a sector turn and it's fairly certain RRI will be a player when it's all said and done.

Jim
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