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Gold/Mining/Energy : GIFI !!!!!!!!!!!

GIFI 12.00

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Jan 16 9:30 AM EST

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To: SargeK who wrote (24)	2/6/1999 12:45:00 PM
From: SargeK	of 41

GIFI: Solid Value, Outstanding Potential Mr.Chauvin's ( pres/ceo Gulf Island )remarks that he anticipates a pick up in activity is supported by the facts: EIA "U.S. Oil Demand: Despite Slower Economy, 1999 Likely to Yield Higher Growth Despite the assumption of a slower economy, U.S. petroleum demand growth is expected to increase in 1999 by over 500,000 barrels per day, or 2.9 percent, from 1998 levels. Much of this growth is attributed to increases in demand for heating fuel and other weather-sensitive products." eia.doe.gov eia.doe.gov eia.doe.gov eia.doe.gov eia.doe.gov eia.doe.gov eia.doe.gov GIFI is growing by: acquisitions, adding to capacity and efficiency, no debt and conservative expansion (funded by cash generated by ongoing operations and occasional "temporary" use of its $20m Revolving Credit Account): gulfisland.com K

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