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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (6398)	5/6/1999 11:16:00 AM
From: Jim Bishop	of 24922

Canoworms agrees with us on GEX. We are pleased to deliver an email version of today's Canaccord Capital Daily Letter directly to you. For a more complete version that includes tables and graphs please visit our web site at canaccord.com Daily Letter Analysts' Breaking News Thursday, May 6, 1999 RECOMMENDATIONS 1. UPDATE Franco-Nevada (FN : TSE : $29.00 : Issued 80.4M) UPDATE Euro-Nevada (EN : TSE : $25.70 : Issued 101.M) James * Year-end results 2. Genesis Exploration Ltd. (GEX : TSE : $7.35 : Issued 36.4M) Fiell * Reports excellent Q1 results * Should be able to meet or exceed 1999 targets * Reiterating ACCUMULATE Recommendation

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