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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Big Dog who wrote (71)3/21/2001 10:40:35 PM
From: pls418  Read Replies (1) | Respond to of 206131
 
Speaking of Dain and the cycle what do all you oil crazy people do when we get to the top besides sell of coarse? I have only been around for the last couple of years, it's been fun and I can't tell you how much I have learned, but I am just curious if you all dispurse like an oil spill in the ocean and come together again when the cycle nears bottom or what.

pls418



To: Big Dog who wrote (71)3/23/2001 2:46:29 PM
From: kollmhn  Respond to of 206131
 
Thanks for that Dain update. I'm glad to see that it reinforces the Solly report of last month which also upped the target to $80 and the recent update from Goldie. Fundamentals are still firmly in place.
Aside from being in the catbird seat in this cycle, they have Gene as the CEO. He is integral, IMO, to NBR taking advantage of the "Buy low, sell high" school of oilfield asset management. Having a $billion+ pool of cheap money just strengthens his hand.

Do you have any info about what NBR's designs were regarding the defunct Hanbro Steel deal?