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

To: Fishfinder who wrote (9641)	3/20/2002 10:16:52 AM
From: TheBusDriver	Respond to of 36161

With respect, I don't think you are being entirely fair to GNG. They ARE grassroots. They do have $1m in the bank and are drilling a total of 25 wells. The eight they have drilled does not mean they have anything less than they had 4 days ago. This is a speculation. They might find what they are looking for. For sure they think they have something or they would not be drilling. It is the speculation that pushed the price of GNG up and it came crashing down. But it is still a speculation and that is why I bought back cheaper. Just miss timed it. My support did not hold. Since SDJ has a resource calculation would we not be comparing apples and oranges? Wayne