GREY:ROAOF - Post by User
Comment by
grommeton Aug 19, 2002 11:11am
127 Views
Post# 5368564
RE: North Sea
RE: North Sea If Iraq comes in the North Sea will be an after thought. And it
is coming make no mistake. I just want to know how big the
North Sea is.
Maybe the big players who were buying in last week could give
the rest of us some insight. Any names so I can give them a
call?
--
My impression was that the North Sea will not be an "after
thought". Offshore drilling is where Oilexco has made monster
gains in the past.
There were no significant developments in Iraq to dictate a run
on the stock. The North Sea. It's real, it's tangible and it's a
proven area for massive oil and gas discoveries. Before, Oilexco
was a company waiting for a political mess to clear up. Now
there is a big ticket item in hand and Iraq and everything else is
bonus.
As far as "big players" buying last week. I didn't see any big
players. Volume was light and the $ value has been small
potatoes.