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Gold/Mining/Energy : Hegco Canada Inc.

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To: RSkarsten who wrote (2166)4/9/2000 9:00:00 PM
From: READE SMITH  Read Replies (1) of 2316
 
Like your thinking. Hegco's fundamentals are good (proven reserves)and they'll be absolutely great when financing is announced. The big picture is going to help us too.

The fundamentals for the whole O & G sector are getting more attention every trading day. Many analysts have focused recently on the low p/e ratio and tremendous upside for senior and proven mid-cap O&G players. Current and projected gas and oil prices are not built into earnings estimates.

We may soon see a sector rotation which will reach down to the O&G juniors over the next few months. Perfect timing for Hegco.
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