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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: SofaSpud who wrote (6888)10/14/1999 8:46:00 AM
From: Craig C  Read Replies (2) of 24939
 
SofaSpud

the general market is weak with lots of $ on sidelines. This money may move into this sector but it may take time...maybe when Bay street is shoveling snow. The service sector to the patch still seems relatively quiet for such a large period of high prices. Could be that oil comps are building there coffers in case this price increase is not for real.
Several companies have been very active drillers this quarter in particular RES and CRS. It will be interesting to see 3rd quarter numbers. A US buyout of another company here in canada is now not a good time for this to occur ?
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