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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner
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To: Jeff who wrote (165)7/15/1998 7:10:00 AM
From: Ed Ajootian  Read Replies (1) of 261
 
Jeff,

Sounds good to me, I'll hang in with what I have left I guess.

The idea of getting folks all worked up about some elephant-sized prospect at a point when oil is this low seems somewhat far-fetched, but I've heard that there actually is a lot of money looking for O&G deals right now. These are the same guys that made tons of $$$ in the last cycle, when oil got into the mid-20's last year, and they want to dip back into the well now (pun most definitely intended <g>!!).

Here's hoping they can pull it off. The fact that we're hearing a similar story from several folks on the 'net here is encouraging.
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