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

To: excardog who wrote (83590)	1/5/2001 7:46:59 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

Excar. Yep. Easy to forget smallest patch position. Basis also hi 2s. Those 3 new deep rigs ought to be boosting their CF shortly, drilling lots of NG wells in TX. So, am content to be patient with the critter. Might even open the wallet a tad and FINALLY add to the position if it starts showing signs of life, lol. Have had experience with "volume sleepers" like this before. CRZO was one when I started that position. The most recent one was a pretty large pos in MWP that I mentioned on the thread several times last year. When I bot it, had to nibble my way in, over a period of weeks, as it actually had even more NT days last Summer and lower vol when it did trade than STXD has now. MWP was dead in the water for several months. Then, suddenly made a good run on a big pick-up in volume in Oct and I blew it out for well over 30% net. IMHO, STXD likely to do better. They are well positioned in south and east Texas land drilling. Right place, right time? Ching Ching(g). Bet Sharp still has his. Iso