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


To: JungleInvestor who wrote (75000)9/28/2000 5:26:08 PM
From: jim_p  Read Replies (1) | Respond to of 95453
 
Jungle,

I know you like SEV, and I don't think people should try to trash others posters stock picks.

Having said that, Colombia has some of the best looking undeveloped basins around in the patch today, but I don't believe SEV can profitably truck oil out of the mountains of Colombia and make a profit.

There are too many issues working against them (taxes, gorillas, high operating costs, private armies etc), and many companies with a lot more resources than SEV have made nice discoveries in Colombia and lost their A#$.

It's a great place for a small company to hype their stock with potential world class discoveries, but show me the cash in US dollars in a US bank.

Jim