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Gold/Mining/Energy : t. upton resources
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To: Stocker who wrote (1)9/28/1997 1:53:00 PM
From: AL R   of 86
 
Bird

I haven't heard anything except that they are sitting on tight holes and sounding positive. Seems like the market expects oil producers not to meet the forcast production rates and cash flows for this year due to the late spring and low oil prices.

Al
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