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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)
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To: Tupulak who wrote (1342)8/9/1998 11:39:00 PM
From: Dale Schwartzenhauer  Read Replies (1) of 2306
 
It's a real tough market to raise money in, so the rig prices probably reflect the slackened demand. The stocks of public drilling companies are very volatile, no doubt moving in line with energy prices to a large extent. I think we're near bottom based on the feelings of sentiment in the air. Technical indicators favor a bottom in CWQ, as well as at least one other favorite of ours.

Dale
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