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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Richard Saunders who wrote (7460)8/11/2000 12:01:20 AM
From: John Trudeau   of 24939
 
Richard, outstanding info on GOU. I'll print it off and take a closer look. Thx.

My expectations on BEC may be a little ambitious, but I just can't believe the continued strength in commodity prices. Talking with several NG traders and other industry "experts", the outlook is for continued strength, particularly in NG. I think these higher prices will inevitably lead to a sector rally, which in turn will lead to investors willing to pay multiples that are consistent with past rallies (e.g. 5 -> 6.5x CF). Re: BEC forecasts CF of .96 / share for 2000.

In the mean time, BEC is positioning itself nicely by increasing/focusing its production on NG, moving to the TSE, and getting Goepel as a "sponsoring" firm. Their timing could be perfect.

In general, I think we should be focusing on energy Co's who are weighted toward NG - for maximum growth, and hence, maximum profits.

Regards,

JT
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