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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (41604)4/5/1999 1:20:00 AM
From: JungleInvestor  Read Replies (2) | Respond to of 95453
 
Many thanks, BigBull, John Clarke and Phil Harvey for the options web site links.

My strong belief is that the Oil Patch bull has just begun to roar. I plan to take a portion of my profits thus far and buy calls. In reviewing web sites it seems that FLC has fairly high volume but some of the other companies I'm interested in do not. For example, the GIFI May 12 1/2 calls last traded on March 30. It's been many years since I last bought calls and these were for much larger companies. Does anyone have advice on this? For example, is it advisable to set limit orders?



To: Razorbak who wrote (41604)4/5/1999 2:54:00 AM
From: Douglas V. Fant  Respond to of 95453
 
Razorbak, I just wrote you a long note on Apache, Altura, and how technology has made their style of buying producing fields and increasing the yield more successful- but it came back saying error/broken pipe- and the note was totally erased.

Well point is Apache is excellent at reworking existing oil fields and new technology like 3D seismic, underbalanced and horizontal drilling make it more lucrative to do.......


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