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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Bobby Yellin who started this subject	9/20/2001 1:33:44 PM
From: csm	Read Replies (2) of 24925

PanCanadian. Looks like some pretty knowledgeable people here. I was lucky enough to be holding AXN and sold as soon as Devon made the offer. I was wondering about replacing it with PCP but the price ran up quickly. Now it's back under $40 so I'm thinking about it again. Can anyone comment on PCP's reserves, since that seemed to be what drove the premium for AXN. It seems that control would be up for grabs with the CP splitup. If you can compare PCP to CNQ going forward and as takeover candidates, CNQ was the other one I was looking at (ignoring TLM for now). Thanks. Stuart.

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