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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (1142)8/4/1999 11:35:00 PM
From: grayhairs  Read Replies (3) | Respond to of 1207
 
Hi Sam,

While the uptick is nice, TKE only traded 2,000 shares (in 3 trades) all day. While that's not a whole lot of buying, I guess the encouraging thing is that there sure wasn't much offered either !!

Hopefully the oil stocks will hold through this current market "correction". They should, I think, because part of the inflation concerns now affecting the market relate to oil and gas commodity pricing. Today, I sold my ALTA spot gas for $3.145/GJ delivered to AECO, unprecedented August pricing (in my experience). Hopefully, Strachan gets on stream quickly so as to take part in this strong pricing cycle. With USA gas storage quantities now significantly behind last years levels and favorable forecasts of air conditioning loads, we should be in for very strong gas prices for the rest of the summer. <gg>

Yes, ELH was "cool" today but it'll get going pretty good VERY soon now. They should be drilling out the casing shoe on the weekend !!

Have a pleasant evening.

Later,
grayhairs