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re: **announced oil discovery** oilleak, I guess we've got to...

  1. 24,765 Posts.
    re: **announced oil discovery** oilleak, I guess we've got to start somewhere. So $1.35 will be fine. I still stand by my $2.50 and $5.00 targets. $2.50 may only be around 10 times 2004-2005 earnings. Mind you, it pays to take no notice of the spin from carefully selected "experts" on US financial TV. Another of these "experts" I heard tipped oil to drop to $20 within a year.
 
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