Indo-Pacific Energy Ltd. (INDX) Message Board

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Gold/Mining/Energy : Indo-Pacific Energy Ltd. (INDX)

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To: stanley new who wrote (596)	12/14/1997 6:21:00 PM
From: Donald Lickman	Read Replies (2) of 866

It appears most oils have been under pressure lately. I believe this sector though, over the long term, is the place to be. I will continue to build my long portfolio of good quality juniors with strong exploration skill. Doesn't look good for gold which is positive factor for oils since all the gold stock players need a place to play. Oil is the likely place for most of those investors. Jim Rogers predicts a 20 year bull market for oil. Even with Asian econimies slowing, oil demmand will still outpace supply and any political disruption could send the price soaring. Licky D. Licker

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