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

To: SliderOnTheBlack who wrote (42092)4/12/1999 11:21:00 AM
From: Linkdog  Respond to of 95453
 
Slider agree on FLC and PGO. I would also bet on a stock deal if one were to happen. In response to thoughts on who?? Financially, I guess DO makes the most sense. As for culture, egos etc.., I will leave the speculation up to the oil dogs on board. With DO trading at ~$30 a nice one for two deal would get us to $14-$15 per share and still leave us with the DO/FLC currency to further appreciate. Although if we were lucky enough to get a deal I would probably put the funds to work in PGO with you. We'll see....



To: SliderOnTheBlack who wrote (42092)4/12/1999 6:31:00 PM
From: VLAD  Read Replies (1) | Respond to of 95453
 
Slider,

FWIW, that bounce was a move from 8 1/2 on October 8th to 16 1/2 trading high on November 9th. Stock closed at 15 7/16 on Friday November 6th and again on Monday November 9th.

Think about it but at that time when FLC was trading to 16 1/2 there was still great uncertainty as to where FLC was going to get the needed financing AND oil was trading at $13 to $14/brl on its way down to under $11/brl. IMO sure is cheap today at $8/share.



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