Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Scott Mc who wrote (6632)	7/12/1999 8:30:00 AM
From: Stan Treacher	Read Replies (1) of 24905

My Opinion. It is a time to buy any company that has cash flow that exceeds its monthly costs and a project that will prove up multiplies of that cash flow within a short time frame. The market is volatile and its favor changes quickly but cash in the hand (company) will be a winner in the long run. The market will react to oil prices as we move closer to winter and put up its investment dollars to those with cash on hand not those in debt.

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