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


To: Challo Jeregy who wrote (23903)6/11/1998 9:01:00 PM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Post made by His Honor on the FGII thread at Yahoo...so I strayed a tiny bit:

Anyone buying FGII now should get arrested for stealing.

The CEO is a money machine.

There are more "deals" in the wings.

Regardless of day rates the drillers earn, as long as they work the rigs they will continue to need repair and upgrades. I tell you, this offshore rig fleet is very old. This equipment will last a long time, but must continue to have enahancement procedures...just like some of our fave movie star babes.

So think of FGII as a plastic surgeon. You KNOW how much those cats make!

Big Dog