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Gold/Mining/Energy : coastal caribbean (cco@)

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To: andy harrison who wrote (717)3/9/1999 2:09:00 PM
From: Edwin S. Fujinaka  Read Replies (1) of 4686
 
Thanks for the Economist reference on the poor prospects for oil prices. These are interesting, but I don't think that CCO's ultimate valuation in the marketplace is strongly affected by the world oil prices. This is primarily a legal case that we are "betting" on. By the time that any production comes on line from CCO's sites, I think the price of oil today is not a good predictor for the future.
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