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Gold/Mining/Energy : PRECISION DRILLING CORPORATION -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (136)10/25/1998 3:07:00 AM
From: Ming  Read Replies (1) | Respond to of 163
 
Anyone read Barron's article last weekend/
ENI's chief is predicting that oil prices will explode due to an impendent severe shortage in crude reserves due to aging oilfieds.
But that's too long-term for the moment. (by the way ENI is italy's largest integrated oil co.)In any case, global recession will compensate for that by reducing demand. Nonetheless, I feel PDS undervalued at current prices. Any comments?