Lundin Oil (LOILY, LOILB Sweden) Message Board

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

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To: Greywolf who wrote (643)	6/29/1998 6:52:00 PM
From: Timelord	Read Replies (2) of 2742

<<I would forget the Swedish influence on the stock price just now as it is overly negative. If you have it don't sell if you want it well it's cheap.>> Thank you, Greywolf. I have, in fact, availed myself of the "sale" prices in both LOILY and RSO lately. I am hoping the latest production cuts will slowly stabilize the supply/demand equation with oil and help the price recover. Like all things, this will not happen overnight. Although we know that weak oil prices are not disastrous for LOILY, it does impact cash flow the longer it lasts, but worse is the perception of the marketplace. You have probably seen me lament to Tomas, I have been a loyal holder of LOILY for many years now, and whenever we seem to be close to a breakout, something comes along to counteract the positives. I am patient but I would also like to realize some much deserved gains for my patience <g>. By the way, thanks for your work on the website, I tune in frequently for updates! Alex

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