Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (9588)	2/20/2003 10:38:29 AM
From: kingfisher	Read Replies (2) of 24921

Kerm one that is cheap based on new reserve report is Defiant DEF trading at $1.90 with a fully diluted asset value of $3.16 per share. This company deserves a premium multiple showing above average growth and 80% natural gas/liquids. Also take a look at Rocky Mountain RME. Only 7.2 million shares fully diluted,low debt and now at 2000 boe .One well with a 100% interest tested at 1000 boe. Involved at Princess with great upside.Trading at $4.70 or only $17,000 per flowing barrel 50/50 light oil and natural gas.

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