SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?


To: saif who wrote (931)9/27/1998 3:35:00 AM
From: Robert McCullough  Respond to of 1207
 
saif:

The Energy Business does tend to be cyclic. It is severely depressed at present and I guess the 'insiders's' and most other folks wallets are thinner than usual and they are worried about more than the market price of TKE...The 'gutsy' thing now, is to buy more. Thats the contrarian reaction to a cyclic downturn as the fundemental values increase.

A Discovery Well that is in the Wrong Place to Take Full Advantage of the Discovery Zone and is still Capable of Producing 9MM/CFD of Gas, is not what I would consider modest. Hang in there saif it will turn out ok...

The reality is at present none of the junior oil & gas stocks are doing that well...

Bob