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Gold/Mining/Energy : Centurion Energy Intl Inc

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To: JUNIORSPECULATOR who wrote (229)9/21/2000 1:27:08 PM
From: Dan Hamilton  Read Replies (1) of 350
 
Thanks Ronald. I would say that the article is fairly conservative, and doesn't make any wild predictions about the production from Al Manzah 2 or 3. The company should exit 2000 with annualized cash flow above 50 cents, which puts it at a $2.00 value. But of course, it's all about perceptions -- if we have a cold winter in North America, the oil stocks will go through the roof. If it is mild, the investor sentiment will turn sour. But the nice thing about CUX is that it is undervalued, so downside is relatively limited versus upside. That's what I like to find in a stock -- minimal risk versus great rewards.
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