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Gold/Mining/Energy : Red Sea Oil Corporation (RSO) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (143)	4/1/1998 11:13:00 PM
From: Timelord	Read Replies (1) \| Respond to of 332

Tomas, still slightly ahead from last year, but basically a stale quarter, tooo much gooey stuff in the portfolio! <g> No road show, no news, no reserves estimates = no stock action - seems simple to me... I keep wanting to pare my SANPY position and cash in some of those snags late last year, but I'm not moving until I see some news releases and the price is right. My drillers are beginning to show signs of life - cash needed, send large unmarked bills <g>. Arakis, Abacan and Chesapeake still big disappointments - ah, that's why I have no powder left <g>. Let's see, what are we waiting for - Libyan reserves, $300M in financing (not with oil at $16/bbl?), first well in the Falklands - any and all would be welcome. Alex