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Gold/Mining/Energy : CARMANAH RESOURCES LTD ( CKM - TSE )

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To: worldtraveller who wrote (214)7/28/1998 12:14:00 AM
From: Neil  Read Replies (1) of 269
 
It will recover. We all realize oil pricing is cyclical. Even with the decrease in demand from Asia, there will be those that cannot produce at these levels and those that won't survive.

After an adjustment period Asia will be back, production will drop, consumption will increase at these prices and the price will go up; with it will be this stock. Not tomorrow I'm sure but the thought of selling at these prices seems ridiculous to me.
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