Lundin Oil (LOILY, LOILB Sweden) Message Board

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

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To: Timelord who wrote (317)	9/29/1997 2:08:00 PM
From: Tomas	of 2742

Alex: Wonder why Kerm didn't respond when you asked him twice about IPC on the Canadian Oil and Gas thread some time ago? He has been following IPC for a long time, and IPC is still on his top 20 list. He is an excellent source of information on Canadian oil companies, and he always answers peoples questions, even on companies he doesn't follow, and even if he has nothing to say. But not this time?!? July 1 he wrote: <<...another company with strictly international exposure that interests me is International Petroleum. I've got to take the time and figure out what their latest discovery means to them. If anyone has seen a research report on this subject, I would like to hear about it. These are the only two international juniors I really follow with keen interest. Most others are extremely high risk.>>(http://www.techstocks.com/~wsapi/investor/s-3540/reply-3222) When I translated the Swedish Reuter interview with Ian Lundin a couple of days later he even incorporated it into Kerms Korner, so he is obviously very interested in the company. Maybe he lacks information? Do you think he follows Canadian oil company threads like this one? By the way, did you receive Sands Petroleum's annual report? Do you find Sands a worthy bridegroom, or is your little puppy still too young to get married? Satisfied with the dowry? Sands owns 25% of the Tanzania concession, and Tanganyika Oil is up 150% in just a couple of trading days, but Sands is DOWN. And IPC owns 50% of Red Sea Oil, and RSO has doubled in short time, but IPC is DOWN. The Malaysian drilling results are expected within a week or two. Lundin Oil is already making US$ 65.000 per day net (after taxes) in Malaysia. The oil price is doing well. And many brokers and investment banks in Sweden recommend BUY. But our puppy just lies there doing nothing. What's the remedy for apathy? Tomas

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