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Gold/Mining/Energy : The Oil & Gas Elephant Hunt -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (114)	11/21/2006 9:51:19 PM
From: Brinks	Read Replies (1) \| Respond to of 310

If the Joseph is a duster then this could go down to say $ 20-$22. This would be but a temporary setback imho. I would not be concerned at all. Too many prospects and the drilling is starting to accelerate. Petrohunt/Clayton Williams/Yates is getting ready to spud their property. That will take 30-45 days. If they strike then Delta will be off to the races. Delta has 21 elephant prospects so they will continue on. The key is Encana when they release completion news on the Anderville 11-6. When will that news come out? And then there is the Paradox.... The shorts have to exit upon success of any of the above. It is a most amazing puzzle to attempt to figure out for one single company.