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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: dad who wrote (14581)3/5/2001 7:20:52 AM
From: kingfisher  Read Replies (1) of 15703
 
"Why the hush hush mentality, in this business. Oil and gas companies trade at 3 to 10 times earnings while tech stocks trade at ?????(rediculous) time ???. Why do you think that is? I think part of it is the hush hush mentality that doesn't provide any ''glitz'' and therefore doesn't attract any attention."

A good example is ELK.What a dinosaur when it comes to promotion.You would think with a market cap of $150 million they could afford to spend $20,000 for a web site?
Or at least employ someone full time to deal exclusively with investor enquiries.
Canadian oil patch is still an old boys club.Investors are treated as a nuisance by many companies.
Only option for outsiders is to follow the money.Look for volume and a strong chart.
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