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A developing fully-integrated energy company whose focus is on operations in Papua New Guinea and its surrounding region.
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lovesstocks2 (< 20) Submitted: 6/18/07 4:08 AM : Start Price: $38.25 IOC Score: 0.55
This is one of Ray Dirks favorite stocks for the long haul, and he has an impressive track record. Its volatile, so I may swing down (or up) in the short term, but it looks like a good long term speculative buy. Remember, most oil companies have a lot of dry wells at first, but investors have committed over $120,000,000 to help the company explore this land. That looks like a pretty good vote of confidence.
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