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


To: Winkman777 who wrote (55965)12/3/1999 1:23:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
DOE article on Crude Prices is a dagger in the heart of Sustainability bears...

We could drop another 10 M boe potentially in Domestic storage before year end.

We will see $30+ sooner, or later; just too many people who didn't believe the sustainability story here.

We are starting to see bottoms form; Nat Gas is now up to what ? - $2.45ish - that's historically euphoric, let alone bullish - and once again, NBL at near a 5 year low -even the "EW King" thinks its a buy - damn ! BR & the other gas stocks are simply too cheap and the list goes on...

Schroeder & Co issued a report about UPR being the cheapest valuation in their E&P universe; It may be my fav' here due to balanced Oil to Gas production , good institutional support - interest; has 50% upside to its recent high alone.

UPR is a no-brainer. I would bet everything I own and give 3:1 odds - that UPR will see 50% upside quicker than the DOW, the NASDQ etc and that UPR - "WILL" see a 50% upside within the next 12 mos & the DOW & NASDQ will not.

... any takers on this bet (VBG) ?

Fundies have to get on board the "story" here shortly. They just can't get off that merry go 'round... Just like kids,they have to get pulled off, or have to get thrown off (VBG).