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


To: Frank Pembleton who wrote (12110)5/10/2002 4:04:34 PM
From: TheBusDriver  Read Replies (2) | Respond to of 36161
 
Yea I noticed SUL as well. Well what can I say, no pullbacks on breakouts!! Plenty of time though, plenty of time.

BAY has not reacted to silver lately. I think there is a LOT of retail investors taking profits and it is keeping BAY down. Donno. I took some myself @ $4 to be honest. I think BAY will run again soon if you want to know the truth.

The chart on WTC looks great, next to break out methinks!

Excellent day today. Cheers to everyone, even that cute and cuddly Canadian!<VBG>

Wayne



To: Frank Pembleton who wrote (12110)5/11/2002 3:05:04 AM
From: nspolar  Respond to of 36161
 
Frank, not too long we posted about some George Will comments on the estimated reserves in ANWR. G's figure as I recall was 31 B. I came across this:

<The current assessment shows an overall increase in estimated in-place oil resource when compared to the 1987 assessment. Ranges are 11.6 to 31.5 BBO versus 4.8 to 29.4 BBO, (95- and 5-percent probabilities) and mean values are 20.7 BBO versus 13.8 BBO (current assessment compared to 1987 assessment).>

These are USGS estimates. So George did use what best suited his purpose, the 5% probability figure.