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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: semi_infinite who wrote (20203)	1/19/2005 4:39:51 PM
From: croesus1111	Read Replies (1) \| Respond to of 108726

Re FXEN, <It's acting like the Scroda well is dry.> That would make sense. The Rusocin well is supposed to be the potentially larger of the two prospects. The flare on that well suggests that it should be rich, according to what people have told me. The thing about FXEN is that the market cap is so big. Everything has to turn out to be right to support that market cap. So far, if you're right about Scroda being dry, they've really gotten two out of three right (since they already have a producing well discovered on earlier drilling). Which is terrific performance. I might have to buy back in after the dust settles...