Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerm Yerman who wrote (317)	10/5/1996 2:59:00 PM
From: Kerm Yerman	of 24922

CANADIAN OILSTOCKS/ HOT STOCKS Abacan Resources Toronto Exchange: ABC Nasdaq: ABACF October 5, 1996 Abacan continues its roll. Yesterday, up $0.75 in Toronto on volume of 2.1mil shares, and up $0.625 on Nasdaq, volume of 1.9mil shares. Abacan is still rising in reaction to expected results from its Nigerian oil play. The stock has risen from $9.00 on October 1, a rise of 21%. Since July, when the stock was at its 52 week low of $4.78, shares have increased 128%. Footnote: I'm the guy who bought into this company at less than $3.00CDN/share and got out because I preferred investment in domestic operations and thought play was too high risk, as I have mentioned a few times prior. I don't know if you can really say I made a judgement error, but I can say I am missing out on a good run. To John and the Oilman, contiued success on this one. You've got a winner here and I hope it is the next Triton Oil.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next