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


To: Ed Ajootian who wrote (26688)10/29/2003 12:10:35 PM
From: excardog  Read Replies (2) | Respond to of 206325
 
Hey Ed, don't do BB or Canadian Exchange stocks at least for now. Sold FXEN on the pop a couple weeks ago. Lots of sizzle there but you still have to get the drill bit turning to find out if Poland has anything to offer other than dry holes. They are a long way from generating revenue. Took the point on FXEN and maybe I get it back cheaper as the hype dies down. Maybe not.

Thanks for the tips though. What ever happened to bk PNO?



To: Ed Ajootian who wrote (26688)10/29/2003 1:01:40 PM
From: GeoDude  Read Replies (1) | Respond to of 206325
 
Ed:

Re IOL --- these guys should learn how to drill. They spent 6 months already on Moose 1 and only got down to 1100m. I wonder what the well cost is going to end up being. I'll bet it ain't cheap in PNG.

It will also be interesting to see if the oil they found can flow ... low porosity carbonates usually have low permeability.

But overall they have some interesting stuff.

Luck



To: Ed Ajootian who wrote (26688)12/21/2003 6:39:52 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 206325
 
Interoil -- IOL.V -- This stock is gonna be the big energy stock story for '04 IMO.

They are half way down on their next well in PNG as we speak, with another well set to spud in a week or 2. They will be listing on the TSE shortly, which will take the stock up at least $5 just by the index funds having to buy the stock.

They will be getting their PNG refinery going in April.