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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (12391)2/22/1998 10:54:00 PM
From: Rich B.  Read Replies (1) of 95453
 
Big Dog,
Maybe I'm missing something here but,,
After 4 years I would show a profit of 10.6 million USD. Instead of doing this couldn't I just roll-over my current 75 million CD for another 4 years? After 4 years I would have a 12 million USD profit (not compounded cause I would probably have to buy a car or something). This seems a little less risky.

Buying the rig would only be wise if a person thought it would appreciate?

Rich B.
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