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Gold/Mining/Energy : Ranger Oil

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To: HAZ who wrote (382)	1/9/2000 10:16:00 AM
From: HAZ	of 395

While we are on the topic of under valued CND O&G companies that have not participated in the recovery of O&G prices, what about TSE:RES Senior executives are leaving the company, that used to be the biggest driller in Canada. Good assets, good production numbers, good cash flow, but very depressed stock price. The market doesn't have any confidence in this stock. What is the book value of this company, and can we make the same assumptions for them. At some point someone with money will buy in low and get company moving again. It's time to do some DD on RES. Cheers

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