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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (44724)12/5/2001 10:19:33 PM
From: Jim Willie CB  Read Replies (5) of 65232
 
climb aboard NWAY oil/gas stock for imminent gains
if you checked, it fell 20% in fallout of Enron
but has zero exposure
upcoming news will break in the next 10 days
regarding large Raton Basin coal/gas venture in NewMexico
the deal is twice as large as was revealed last month
their gas venture in British Columbia is at full speed
their Saskatchewan oil venture is also at full speed

stock price is in 2.1 to 2.2 range now
a quick double by early January

I took advantage of the drop below 2 to add shares
now it is back above it easily and quickly
oil/gas analyst Gaines is expected to initiate coverage within 10 days
he has privately mentioned a calculated $25 book value
my guess is an announced target of 10-12 per share

go for it
unless you prefer Cisco at 21.5
or Qualcomm at 61
or the same old same old bigname techs
which will double first?

by the way, I will be changing my name very soon
to
Jim Oily CB
so as to reflect my belief in grand bull market begun in the energy sector
demand for natural gas will double in the next few years
demand for non-Arab oil will become very loud soon
the next major oil field might be off Canadian Maritimes
Islamic terrorists want oil at $140 per barrel
they will attempt to strike the shipping lanes

been doing mucho homework in oil/gas/coal arena
a certain oil/gas firm in Newfoundland might be a 100-bagger
they have two operations
service engineering division
drilling division with most remaining rights in hand
I will share the name in due time very soon
its market cap will easily jump from $30m now to $200m next year
and after the Maritimes are recognized as the "Next North Sea",
this firm's stock is likely to rise into the multiple $B's

I marvel at the simplicity and beauty of this oil/gas sector
no standards, no obsolescence, growing demand, little politics
companies see valuation based upon production, cash flow, profits, and proven attainable reserves
when new discoveries are found, big quantum jumps in reserves
if company is geared toward both services and drill rights,
then it is protected against downturns in commodity price

right under our noses, the "Next North Sea" is happening in the Canadian Atlantic Maritime provinces
and it might be larger than the North Sea oilfields

/ jim
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