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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?


To: Donald Lickman who wrote (2148)3/7/2001 6:07:53 PM
From: hubbabuba2  Read Replies (1) | Respond to of 2742
 
Whether or not it flies is up to the controlling interests (i.e. Lundins). Please leverage the farm and bid it up. Hope it goes. I suggested what I thought would help (and I DO know buyers excluded from it at this price.) But I caution you: rosey scenerios have been painted for years.

If you think we're quickly going to $10 I've got some shares for you. As a post just asked "how it could have such a low valuation?" Try asking the people who've been selling - or at least understand their postition - which is what I've tried to do/discern.

If you like it now where were you in December @ $1.75? This isn't a new hole, we all expected roughly this much. Granted it IS now tested (A BIG STEP)- but Lundin had claimed sucess and the test was around the corner. For that matter the last exploratory well in Libyia wasn't dry. And Malaysia was supposed to be drilling an EXPLORATION well. We were there buying in December [we can "play the game" as was questioned]. Enough.

Okay, let's put on Ray Steven's singing "Everything is Beautiful", click our heels, and come on $10.