GREY:HYKCF - Post by User
Comment by
larsen6on Apr 21, 2007 2:51pm
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RE: Optimism at Schlumberger
RE: Optimism at SchlumbergerThanks for this M1.
Indeed this bodes well. Should prices remain firm, the drilling levels will not be going down. As evidence, the prices for all the Canadian drillers have firmed up again. This means continued orders for new and refit rigs from Hyduke.
I own two others: sdg.un and phx.un. There continues to be rumblings about the trust haircut becoming a major election issue, so I am in no rush to sell them. Whether it's the Liberals or Tories, there will be election promises for a reduction in the tax announced by the Tories. I am pretty positive about this.
And although we may not see spectacular results from Hyduke, they are busy, which is good to hear.
Onward and upward,
Larsen6