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


To: dfloydr who wrote (25154)7/5/1998 8:54:00 PM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 95453
 
From AOL's site, Decision Point. Music to my ears (except for the 6 mos.) Can't have everything!

>>>The other last remaining bargain barrel, as I've mentioned here before, is located in the oil patch. Particularly the oil service sector. It's still oversold and at the bottom of its weekly regression channel. The index (OSX) has been fickle of late, with a lot of false starts, but as I suggested last week, the best approach probably is to take your position and don't look at the tape for the next six months. That's what I'm doing here in Picksworld.>>>

decisionpoint.com




To: dfloydr who wrote (25154)7/7/1998 1:10:00 AM
From: Thomas M.  Respond to of 95453
 
The Australian oil shale deposits are similiar to the Canadian oil sands, but are actually easier to process. Suncor expects the costs to be lower for Australia than for Canada. You are right that this is a very long term story. I am eyeing it now, though, because oil prices are depressed.

Tom