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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Claude Cormier who wrote (8373)7/25/2001 8:31:38 PM
From: Richard Saunders  Read Replies (1) of 24925
 
claude - here's a link to a message I noticed a couple of weeks ago over on another thread #reply-16075287

Article is definitely bearish however does bear watching & I think some of the stuff is valid for cdn. situations.

Re: winter prices -- look at what the futures market seems to be saying re: Henry Hub benchmark quotes.ino.com

I guess it sorta' depends on what you're defining as "much higher" for upcoming winter pricing. Weather will have a significant role but question also remains -- "what about industrial demand"? Not sure if you're following another thread -- layoff totals. Seems to be quite a few folks out of work & not all are techies...... Subject 50782

The thing thayt I see on that highland Energy .gif file is the rate of change the blue line has made. Also, tieing gas production lags & I suspect many companies were also expecting healthier (hey, prices are still great compared to just a couple of years ago) than current pricing. I'm hunching injections (supply?) will keep happening at the higher range of the norm.

Happy hunting.
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