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

To: Braddock Bull who wrote (55997)	12/3/1999 10:26:00 PM
From: BigBull	Respond to of 95453

Hey Braddock, I know it seems we osx investors are doing our best imitations of "Roland the Headless Thompson Gunner", but we WILL even the score. Slider has done excellent intelligence on the E&P capex numbers. That stuff is REAL, brother. It will translate into REAL projects employing REAL people with REAL skills being paid REAL money. This will translate into real numbers on the bottom line for OS companies. The majors capex will be released in one short month. The predictions will end and oil companies will begin to do what they do best. Find, pump, and refine OIL (not merge<g>). Even the smaller E&P's will have their balance sheets mended. Everybody and I mean EVERYBODY in the oil business will be looking for what we've got. Rigs, parts, and crews. Don't EVER forget this isn't only a Majors story. Do you think for one minute that these govts. in Brazil, WA, and southeast Asia, are going to stand still when $25 oil is staring then in face? No can do, brother! They WILL get the money to develop E&P projects. They will beg, borrow, and steal every dollar they can get their greedy little mits on. At 25 dollars per barrel they will get it to. Bet on it! For the past 6 months all the key reporting agencies have consistently and chronicaly UNDERESTIMATED energy demand. That will continue with a vengeance. The key will be 2 areas. 1. Northeast Asia (yes not Southeast Asia) 2. Latin America Both of these geographic areas are not even on the radar screen yet. Northeast Asia will begin to eclipse in absolute economic growth numbers Southeast Asia. Yes Braddock even the once mighty Japan. The area in question will include Korea (as the anchor/keystone) and stretch in a wide arc through China and Northern India. The Korea story I have documented. China is the 800 lb. gorilla. For the longest time I have wondered "wither China"? The recent WTO agreements with the US and Canada have now CLEARLY revealed the direction China intends to take. That direction is toward freer markets and economic development on the free market model. Don't think they will get the money? Forget it, they will. Just like UK provided the money for the US to develop its infrastucture, so will the "West" provide the money to develop China. This is what the WTO is ALL about. The Chinese need everything, roads, cars, trains, vessels, power plant infrastructure, airplanes, computers, factories, the whole business. All that was missing was political willingness to open the mainland to investment. That willingness is no longer willingness, it is eagerness. But don't believe me, believe this: chinadaily.com.cn chinadaily.com.cn chinadaily.com.cn chinadaily.com.cn chinadaily.com.cn chinadaily.com.cn chinadaily.com.cn economictimes.com The capitalists of the world are far ahead of the politicians - WTO will get finalised by polticians over time but money will start flowing immediately. The Seattle protests are insignificant. Political squables will be resolved. Capitalists write the checks. Follow the money. The India connection is pretty obvious. 1. Trade with China, the west, and southeast Asia. 2. Economic liberalization. 3. Center of software development for the whole world. 4. The free market system is kicking heiny all over Asia, India is no exception. I will develop Latam later. All this combined with demand from Southeast Asia, Europe, North America, in now demonstrably expanding economies will mean real shortages in crude - soon! The OPEC story will fade in 2 months max. The demand story is upon us. This is why I will continue to "beg, borrow, and ------" all the cash i can get my hands on to buy OS stocks while they are still being GIVEN, thats right, GIVEN away. The year 2000 thousand will be OUR year. JMVVHO Bull