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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: BigBull who wrote (55466)11/26/1999 1:03:00 PM
From: The Ox  Read Replies (2) | Respond to of 95453
 
Bull,
What often concerns me about the 'patch' is the probability that these companies will never get out of their boom/bust cycle. No one was drilling last year and everyone will be drilling next year. Then the market will be saturated once again and no one will drill.......

I'm wondering if this 'cyclical' pattern can be smoothed out in the future?



To: BigBull who wrote (55466)11/26/1999 1:16:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
OEI spread now 1/4 ??? 7 13/16 x 8 1/16 - hmmm ???

RGO TMR on sale bigtime...

RGO worth some serious analysis for a tremendous longterm play - good balance sheet and oversold fundamentally on some less than expected news/results of late.