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


To: FloydP who wrote (1508)6/23/2001 10:32:19 AM
From: TRUE_TRUTH  Read Replies (2) | Respond to of 1602
 
Well, I'm Hopeful we'll hear more of the Kauri story in a few days --We should be close
to 3800-3900 meters by now ---and at least the Crown Minerals news seems to indicate
that 1) the shows in the 2890-3157 area are pretty decent ones, and 2) they seem to indicate
this is a new zone not in Rimu and that Tariki is still to be drilled at around 3400 meters.

I also believe that OPEC will not let things go to free fall but will be more disciplined this time.

I also am pretty optimistic on what the domestic results will be in the next 2-3 months,
and I think that sometime this summer it will get hot---(but I am amazed how cool it has
been so far and wet too in much of the country.) A lot of NG demand is just suffering from
no AC load.

All in all though I too sleep well at night because I see lots of reasons why SFY is going
to grow its rates and reserves pretty nicely on a number of fronts at the same time.

If it goes too low, someone will buy us.

Truth