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Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (832)5/10/1999 10:08:00 AM
From: MF  Respond to of 934
 
What will make this stock move?

I think the stock will sit around the current level until we see an announcement regarding the company's game plan. I hope we see a release regarding an acquisition of a producing asset or a project where ROH is the operator so we can start to see what this management team can do.

I agree with you Ed, the company is in great shape with the kitty full (or soon to be) and looking for a steal, not a deal. Cash is king in this market and there should be a lot of options being available to the company.



To: Richard Mazzarella who wrote (832)5/14/1999 3:19:00 PM
From: Ron Struthers  Read Replies (1) | Respond to of 934
 
After coming down from the low 50s, stock is looking attractive again, especially in light of a much improved oil market. Money will soon start flowing down to the junior issues and once ROH makes some aquisitions, should do better on this news. Looks like the market wants to see what direction ROH is headed.

Candle sticks on Harken show a potential reversal, paper umbrella

Ron


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