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

To: BigBull who wrote (72478)	9/6/2000 6:49:18 PM
From: isopatch	Read Replies (2) \| Respond to of 95453

OT/Supplyside (on RIG thread) does consulting work for mgt of several of the majors. Would like to see him join SI and post over here. In fact, as soon as I post this will suggest same on the RIG thread. Isopatch

To: BigBull who wrote (72478)	9/6/2000 6:59:42 PM
From: patron_anejo_por_favor	Respond to of 95453

Thanks BigBull! Looks to me like Crude and NG prices will continue to rise (albeit more slowly than in the past week) up to the OPEC meeting. The AGA inventories are no great shakes, either... It'll be interesting to see how the Saudis play this. All sorts of political pressure (from the U.S. and Europeans) is being brought to bear on them, but they're caught squarely in the middle with their OPEC breathern breathing down their necks (not to increase more than a token half-million or so). With refineries running flat out (not to mention limitations on worldwide tanker capacity), I agree that the amount the Saudi's pump out the ground is not the key to prices going forward. I'm looking forward to this next week....

To: BigBull who wrote (72478)	9/6/2000 7:03:40 PM
From: Meridian	Read Replies (2) \| Respond to of 95453

Weather? Who follows the NOA or NAO or whatever the heck that oscillator was that had the SI board all mesmorized last winter? I've heard it both ways: warmer-than-expected winter, and colder-than-expected. My only piece of "evidence" is the cover of some tabloid (which I thumbed through at the disdain of those in the checkout line behind me) that said we would have the coldest winter since '77. An apocolyptic prediction obviously designed to get the average joe to pick it up and read it ... I mean, we all love to talk about the weather, don't we? BTW - check out GOU, GRL's parent. Still trading at 2.5X 2001 cash flow estimates, although it's up 50%+ this year. The 5 and 10 year charts look amazing. I think this is still a double within the next 12 months. Isopatch has enlightened us on the merits of GRL, but GOU has 2 T's of gas in the Mackenzie River/Beaufort Sea region that has been getting much press lately. This alone is worth $1 billion ($3.00/share), and is not likely factored into the $6.00/share stock price.