Lundin Oil (LOILY, LOILB Sweden) Message Board

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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (316)	9/25/1997 12:15:00 AM
From: Timelord	of 2742

Tomas: I followed your personal link to Tanganyika Oil, will definitely give it a look. I added to my RSO today (once just before I left also), so I'm still averaging in. I've interested Ed Ajootian who likes drilling plays and I think he may join us on the RSO thread. He frequents the HEC forum. Personally, I feel fairly safe buying even at todays prices because we haven't seen the big volume/price moves, although today may be the start. I still think a double even from todays prices is a high probability. My other recent acquisition is ABACF, the embattled driller in the Niger Delta, with lots of oil and no cash. There are rumors about suitors and they have hired Morgan Stanley to search for a partner/white knight. The stock has been very dissappointing, but you know how rumors are... Links to start if you have an interest: biz.yahoo.com Subject 8725 Alex

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