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Gold/Mining/Energy : first star energy FST on the ASE -- Ignore unavailable to you. Want to Upgrade?


To: viper who wrote (56)4/22/1998 10:16:00 AM
From: viper  Respond to of 754
 
I hear the logs are done!! Obviously casing is next, judging by the market action.



To: viper who wrote (56)4/22/1998 10:26:00 AM
From: grayhairs  Read Replies (2) | Respond to of 754
 
Hi viper,

Yes, A Great Start! I hold FST, too. But, TKE is my personal favorite as it has, IMHO, "other significant near term upside" (ie.its Meekwap development program where they just brought on their big 2-21 well and have announced more drilling planned) and much better downside protection (as we saw last week).

In terms of the Apache deal(s), I do not see much advantage to FST on future wells and besides FST has ~3 times as much stock out. It is however better promoted (Thanks to your efforts in Vancouver, viper!!)

And, also there's the old saying about "A Bird in the Hand ..."

Having said all that, I am familiar with FST's new gas play in Kentucky and I do happily hold "significant" FST, too. And I am very confident in where it is headed too!!

Re: casing - I expect that it arrived overnight!

Later
grayhairs