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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: saif who wrote (398)5/4/1998 11:37:00 PM
From: Syncrude  Read Replies (1) | Respond to of 1207
 
I am not suggesting that one should avoid risk. All I am saying is that the Strachan play could be dead money for a while and there may be other opportunities out there, as not doubt you are implying you are already pursuing. Other TKE holders may find it worthwhile to review their objectives and see if the situation still fits. Not suggesting people close their positions. Beyond Strachan, there still is general market risk. If one still prefers to hold the Strachan play, then TKE is likely the safest player.

While you might be able to absorb a failure at Strachan, others might get nervous and pull the stock down, creating another buying opportunity based on the rest of the Company's projects.

General question to all: what is the decline rate for production from the Meekwap wells?