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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: HAZ who wrote (7098)2/4/2000 2:44:00 PM
From: Craig C  Read Replies (1) of 24925
 
Haz
good points made about the juniors but you should add the seniors also (CRS,RES,RAX,IMO, ect).
This stock market does not trade on fundamentals its about greed I'm afraid.
I believe its up to the industry to do something soon.

If you noticed Can Hunter press release the other day there 4th quarter results were quite funny really. The royalties they paid were $ 5.99 BOE while there operating and adminstration was a combined $ 4.33 BOE.
Maybe its time the oil companies put pressure on the government of Alberta to get a rebate back in times of high prices in order for the companies to buy back there stock.

Another thought is pressure should be placed on the brokerages who have made millions off the oil companies and us investors to start purchasing these stocks with there own capital.
Just some ideas....
In regards to BKP,T wasn't Rose selling quite a bit of stock in the fall at around 14 ???
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