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Gold/Mining/Energy : REMINGTON OIL........Keeps on growing -- Ignore unavailable to you. Want to Upgrade?

To: Al Lewis who wrote (4)11/29/1997 3:00:00 AM
From: Dave Fong  Read Replies (1) | Respond to of 16
 
Hello I've been very happy with rel.
Unfortunately they have come down a bit lately. I spoke to Stan Weber the other day. I can't rememeber what he said the long term debit was. But the cash flow to debit was 1.8 and next year on febuary 1st they will be adding 20 million cubic feet of gas then the will go down to 1.2 times cash flow to debit ratio. Hope this helps you. I can call them again if you need more.
Dave



To: Al Lewis who wrote (4)11/29/1997 7:08:00 AM
From: Herb Duncan  Respond to of 16
 
Yor probably right on the topics issue. I think with patience and a few bucks to work wit one will eventually do OK with asset plays ie: gold, oil and gas I dont believe need for gold is going to go away. What happens when all the paper stuff is weak? and we all know that happens from time to time. The day will belong to those who choose well and are patient. Good luck. Do you check out Kerm's Korner on Silicon, good place to pick up good in fo on oil and gas.


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