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


To: Bazmataz who wrote (9721)1/26/1998 12:12:00 PM
From: The Jedi  Respond to of 95453
 
He said demand for drilling to increase. Big oils to increase their reserves, so spending to increase. He expects the price of oil to trade around $19 the long term average. He was very optimistic and had positive comments for GLM. Said GLM was a deep water company but now 60% work on the shelf (don't know what that meant), so guess only 40% deep water.

Kiri