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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$ -- Ignore unavailable to you. Want to Upgrade?


To: SDR-SI who wrote (2558)3/10/1999 7:52:00 AM
From: peter dumbrille  Respond to of 3156
 
A writer in the National Post yesterday describes the price rise a "phantom rally" and not sustainable, notwithstanding a new initiative by the Saudis and Iran to attempt OPEC to actually cut back.

Canadian oil service stocks have participated in this phantom rally recently but, according to the wags, they will fall back in the short term