Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (3335)	10/30/2001 8:56:23 AM
From: Frank Pembleton	Read Replies (2) \| Respond to of 36161

Kastel, as you already know...our situation in the patch is being artificially affected by the Middle East. We’ve been getting waves of M&A which got me to buy into the sector about a month early. Since some of us have moved in early, I suspect some of us will move out early. I will exit the patch somewhere in the second week of January, preferably when the thermometer is sitting a –40. There is still the opportunity for appreciation in gas stocks; the major U.S. companies have valued the Canadian patch at about a 50% premium. I’ll try and take some of that. :) BTW, I’m glad you didn’t shed any of that Kinross stock, we are in a primary bear market, so it’s just a matter of time, couple of weeks? You’ll be at your break even point shortly. Regards, Frank P. Husky Energy Inc. - Third Quarter Report and News Release biz.yahoo.com