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


To: que seria who wrote (71552)8/24/2000 8:25:07 AM
From: Think4Yourself  Respond to of 95453
 
EEE took out a "counter hedge" a few months back so I am not so concerned about their pathetic hedge. You are right about they might have had to buy NG at market prices to cover the quantity they couldn't produce, and that could hurt. I am hoping they have increased production enough this quarter to have eliminated that problem. Their drilling program was very active earlier this year.

What I am most interested in seeing is what the new CEO has done and is doing.

If the price goes down I will buy more but figure the report will be a wash between buyers and sellers. I am sitting on a small pile of cash right now.