International Rochester Energy Corp. (V. ROH) Message Board

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Gold/Mining/Energy : International Rochester Energy Corp. (V. ROH)

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To: R F B, Jr. who wrote (33)	2/20/1997 8:01:00 AM
From: Brad Danchuk	of 188

Raymond, you wrote: "Unless they hit much more oil than is probable, the stock will not go over $1 US and thats $0.72 canadian" It appears you are confused on your foreign currency translation. Look at it this way, it takes us Canadians more of OUR money to buy an equivalent amount of YOUR money. Therefore,take the reciprocal of 72 cents, and you will find that US$1 is approx. equal to CDN$1.39. I think this makes for greater upside than you currently realize... Best of luck, Brad.

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