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Gold/Mining/Energy : Canadian Microcaps

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To: Gulo who wrote (413)2/8/2005 3:35:42 AM
From: Taikun  Read Replies (1) of 817
 
Gulo,

This was brought to my attention.

Do you know this company? Certainly trades at a low FWD PE if the estimates are right, however the most recent financial have low margins. It doesn't look as good as GKX.V, CFT (CFK.TO or HYD.V, though, in that margins aren't there.

investdb.theglobeandmail.com

ENERCHEM INTERNATIONAL INC.

ENERCHEM INTERNATIONAL INC. is a supplier of specialty chemicals and hydrocarbon based well-servicing fluids to the oil and gas industry. It serves clients in a diverse range of applications that include conventional and heavy oil production facilities, natural gas processing plants, pipelines and compressor stations.

What's your take?

David
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