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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (7562)	1/11/1998 9:01:00 PM
From: AltLar	Read Replies (2) \| Respond to of 95453

Mike I'd like to hear your take on the links Dave posted (http://207.183.153.88/~wsapi/investor/reply-3140346) after you've had a chance to read them. What I am wondering is how accurate you and others think this guys analysis and predictions on the depletion of oil are. If he's any where close to accurate it seems we are going to see some dramatic price increases much sooner than I anticipated. If the market is discounting the drillers because the price of oil is low in spite of their earnings it seems to indicate if they expect oil prices to rise they will place a premium on the drillers. I think the low oil prices of the past have dulled us to the fact that oil is a limited commodity. As production dries up prices will rise dramatically. The information in these links suggest that time could be much sooner than most of us expect. Larry