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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (754)10/6/1998 9:59:00 AM
From: balisurf  Read Replies (4) | Respond to of 2742
 
re:"what do you say?"

It's a crime and a shame...but with the Triton debacle to put things in context...unless the property is producing cash flow, in the current market, there is a steep discount. I do believe this to be one of the most undervalued stocks right now in the oil patch and simply because right now in Canada there are two bad words (1) oil and (2) international. With a potential partner, the capital required to bring Libya onstream will be provided by someone else...I don't see a major share issue (ie:dilution) or some cheezy swap deal with Lundin oil. The fundamentals have never looked better for this stock.