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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: steinman who wrote (38528)2/28/1999 10:13:00 PM
From: Razorbak  Read Replies (1) of 95453
 
Steinman: The spare parts situation could very well be different. What we don't know right now is whether the damage was inflicted on the flowline itself (easy to repair), the valves and flanges (more difficult to replace or repair), or the electronics (even more difficult). Only time will tell. Markets seem to be taking it in stride, however, with the April contract up only 22 cents (+1.8%) since the open.

BTW, that's a lot more convincing argument than the line Bull was taking.

Razor
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