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Gold/Mining/Energy : Alta Gold
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To: Texas77 who wrote (646)7/30/1998 5:33:00 AM
From: TheBusDriver  Read Replies (1) of 749
 
Dave

I would be VERY selective about oil stocks. We think the industry is peaking right now. We don't know were we are going but it looks to be down. Rigs in South America at being stacked like cord wood however the US is better but more rigs are still being stacked.

Our european/asia pacific operations are holding their own but everyone is waiting to see how the rest of 1998 plays out.

Caution, Caution, Caution.....much different from we're gonna be rich, huh?

wayne
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