Bearcat (BEA-C) & Stampede (STF-C) Message Board

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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Bearcatbob who wrote (638)	3/18/1998 3:16:00 PM
From: Max-mouse	Read Replies (1) of 2306

Hi, bob, Don't worry! You invested in the most valuable oil/gas assets, which are located in the western Canada. The good oil/gas lands are limited now. You understand it, so do I. Could the S/M/L boys be so arrogant that they cannot grasp the concept? I am sure the time is coming soon. "When you start buying land in a new area, you can expect the majors to be very cautious. Unless they have seismic, or clear-cut well evidence, there are always enough negative people around to keep their bids down. The trick is not to nibble at the land, a little at a time, over several sales. You have to hit it hard the first time. We call this the "stun" em" policy. Take all you can at a solid price. Don't worry about "leaving money on the table," because the next time the price will be considerably higher and your first bids will look beautiful." - From the Hunters (Feb 1974) They buy the LAND and I buy their STOCKS! Good luck Mm_

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