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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (395)	12/6/1997 12:07:00 AM
From: Timelord	Read Replies (1) \| Respond to of 2742

Tomas: Can the news get any better? (Well yes, they could pull off a coup in Kazakhstan - a lot of US investor attention focused in that area, look at the excitement over AIPN). I have been spending my Friday evening reading through the merger circular I downloaded from Sedar (who says I don't have a life?? <g>). I'm very excited about the future, and very happy to have snagged those extra 2250 shares (I may try to snag some more, but I'm afraid we won't see anything under $4 again unless Libya is dry). Speaking of which, the "teaser" news release on Libya was very intriguing, any sense of how excited the company is about the oil shows? The only reason I'm tempering my exuberence is that oil shows do not mean a commercial well. I remember the last press release about oil shows in the Sudan was followed by a non-commercial well and a deflated stock price. I have an 84% gain in my little RSO play and I don't know whether to follow my original plan and dump before the final announcement, or roll the dice that they actually have something there. Decisions, decisions... Been watching the price action in Sweden - "It's beginning to look a lot like Christmas..." <VBG>!! Alex