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Gold/Mining/Energy : Transglobe Energy Cp

TGA 3.720

0.0%

Oct 14 5:00 PM EST

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From: Condor	3/11/2005 1:44:26 PM
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Someone asked what I thought about TGL at this moment in time after it sagged so hard in the last few days. I replied: It ran so high so fast that when ANY reason came along it cratered. I also think its last earnings release that unfortunately came out on energy crater day displayed unexciting earnings but what was missed was the exponential growth in the late Q's. These will kick in on the next Q's and look great. I also think TGA will hit on more drilling in the next x months ( 3-6)and be off and running again. Look at their chart and where you bought it. It is natural for it to have to retrace and fill. I have increased my TGL holdings at $10 CDN and at $ $8.50 CDN on the way down here. I will be holding. As long as Bill Powers has it as his top pick I'm in. Hope this helps. C

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