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Gold/Mining/Energy : Canadian Microcaps
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To: Gulo who wrote (236)11/18/2003 6:08:05 PM
From: Ciao   of 817
 
I choose PHX to replace my MDI and TOT which I had sold and were hitting 10X PE and greater. I sold early on those 2 and felt I had to get back with a drilling stock. PHX was at $1.70 and was trading at about 8X current earnings.

Disappointing to see CEP trading at 8X current earnings.

Ciao
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