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Gold/Mining/Energy : Oil & Gas Price Economics -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (41)12/20/1998 12:01:00 PM
From: Ed Ajootian  Respond to of 350
 
Ed P.,

Many thanks for the great link. Since the bombing is now over and the conflict never expanded beyond Iraq I take it that the slide to the sub-$10 has now resumed.

Will be interesting to see the massive ceiling writedowns of oil reserves that will be coming up in the next month.

Does anyone have any good shorts going? The ideal company would be a microcap which has more than half of its reserves in oil and which has a ton of debt and is about to run out of cash.