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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Richard Saunders who wrote (6950)11/22/1999 11:32:00 AM
From: Fun-da-Mental#1  Read Replies (2) of 24921
 
Hi Richard, I also bought Merit recently, basically because the price is so depressed relative to their sales and asset base. Also hopefully now that the trouble is out in the open things will improve. However the continued decline is making me nervous. How are you playing this? Was this a short-term or long-term play for you? Have you sold, or are you determined to hold on?

Hopefully Merit won't go the way of Philip Services!

By the way, what's the problem with natural gas prices lately? A few months ago I heard all kinds of optimism about gas this winter but now it seems to be all quiet on the western front...

Fun-da-Mental
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