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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Kerm Yerman who wrote (316)10/5/1996 2:55:00 AM
From: Kerm Yerman   of 24923
 
Bonham & Company
Buy and Sell
September 21, 1996

The Toronto Stock Exchange 300 Composite Index should perform
better than its counterparts by yearend, said Mark Bonham, president
of Toronto based Bonham & Company. His asset mix is 70% equities,
30% in fixed income securities and no cash.

Bonham has sold holdings in Northrock Resources Ltd. (NRK-TSE)
$10.20 ($5.75-$10.25) as it met his price target. The company
recently completed the acquisition of Inland Gas & Oil Ltd. and has
taken on a heavy debt load. "I don't want the uncertainly of that
integration and debt in the short term," he said.
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