BSNX---Basin Exploration Message Board

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Gold/Mining/Energy : BSNX---Basin Exploration

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To: LemonHead who wrote (7)	3/3/1998 4:42:00 PM
From: Franklin M. Humphreys	of 30

We may be the only two posting but we definitely are not the only ones following Basin X. Up again today. I expect some resistance at 20 area and positive news may trigger some sell off (buy rumor/sell news). I am not privy to any rumors BTW. After that, the world oil situation can actually propel the price of GOM reserve holders to greater prices. Please do not ask me to "link" you to that information. It is nothing more than a subconscious evaluation of analysts mullings along with a contrarian view. There is not an analyst to be found who has anything positive to say about oil producers or oil prices. I too am long from over $20. My redemption is that I converted my profits in long puts to long calls when we were at the present lows. Please know that I am not an oil patch Guru, just like BSNX prospects. Frank.

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