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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Berry Picker who wrote (8626)	1/24/2002 10:54:38 PM
From: Richard Saunders	Read Replies (2) of 24925

elect - Shadows in the patch...... cycles my friend cycles. Lots of gas now means some stuff will or won't happen and later the prices will do it all over again. Maybe not to the same extremes but the cycles will repeat and the pendulum will continue to swing. Oil is also in the same picture however the politics can change things abruptly. You already know that. Some interesting stuff would appear to currently be in the process of taking shape in the background however much of it seems related to many of the folks that sold their companies about a year ago. Some are posturing in the weeds waiting for bankers to start nudging some "debty" operators to re-vamp plans and assets. This go round it would also appear that there are quite a few of currently private situations readying to play. Same old same old....... give it time and flavour of the day will return starting with the big ones first. b.v. - you've helped me in the past with technical analysis, I think it was TPH at the time. Possibly some hyping from this side, I have a position, try doing the technical stuff on WRX. Not an o&g producer.

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