Santa Fe International (SDC) Message Board

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Gold/Mining/Energy : Santa Fe International (SDC)

SDC 0.01000

+5.3%

Jan 5 4:00 PM EST

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To: Fouad Nahas who wrote (4)	9/18/1997 6:34:00 PM
From: Mark Crisan	of 54

I don't know if it's the Kuwaiti government per se, I think it's actually Kuwait Petroleum Corporation. Well, then again, that's probably a state-owned entity, right? Although the region is indeed unpredictable, it seems to me that Kuwait & Saudi Arabia are both pretty insular nations with a relatively stable socio-political picture. Unless, of course, the Iraqi's wanna test the waters again, which one cannot completely count out. I dunno, it seems to me like the Kuwaitis enjoy making money as much as anyone, and they're good at it. I like Noble Drilling and Global Marine as well. Noble has had a great run since their $13 per share secondary offering approx 2 yrs ago. It still has legs, breaking through recent resistance levels of $28-$29. Now around $32.

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