Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: SofaSpud who wrote (7144)	2/22/2000 2:52:00 PM
From: Craig C	Read Replies (2) of 24921

Strange how a lot of talk by those experts last few days that we need oil to drop to $20 before the market will buy oil stocks.....if there not buying them now why would they at 20 ??? I'm afraid the Nas and the vegas north (venture) have to have a meltdown before value investing returns. Oil companies should suspend drilling and just sit on there production and with the cash flow buy back there stock. Can you imagine the American's who are crying for a production increase how they would respond ??

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