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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Richard Saunders who wrote (7692)	10/10/2000 9:01:34 PM
From: kingfisher	Read Replies (1) of 24931

Wonder who's next. Remember Bonterra BON.I sold a while back but their assets are quite attractive to hold within a royalty trust.Chart looking much better. I have started to rebuild a position in Magin. Magin's failure on acquiring Place puts Magin back has an asset play.Risk in Magin is that management may try again to dilute the hell out of this stock in another takeover attempt.They should put the company up for sale rather than trying to entrench themselves with another take over. Major shareholders in U.S.A. may force Magin to look at strategic alternatives to enhance shareholder value rather than continue to see this stock trade at 2 times cash flow. Still holding Gauntlet.Should impress with 3rd and 4th quarter results. Are you still monitoring TPH? Later, Richard

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