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Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?

To: PuddleGlum who wrote (1238)	10/5/2000 6:13:36 AM
From: Mark	Respond to of 1602

Steve, I should think that SFY will be interesting enough to keep me here for a good while yet..... :-) Thanks for calling the company and for writing up the conversation in such detail. It isn't really in SFY's interest to have a sudden expansion in their reserves/valuation. The work required to bring us here has taken years, and the work required to commercialise NZ will take more years yet. If you were managing the company you would want to control this growth in such a way that you benefited steadily over a number of years. (They are not likely to make too many finds like NZ their lifetimes!) The thing that attracted me to SFY is that there historic growth has been at a good level (30% area) and has been reasonably consistent. This is a testament to management thinking long term and managing their activities for steady progress. I hope they will continue like this. Mark