Canadian Gold Stocks under $5 Message Board

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Gold/Mining/Energy : Canadian Gold Stocks under $5

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To: Michael Markham who wrote (119)	8/9/1996 12:59:00 AM
From: Dave Fong	of 198

Hello Mike, I have many idea's about the Oil & gas sector, but I don't feel qualified too be speaking out loud. I've been to many seminars about where it's all going. The one conclusion I've drawn is that until we get more pipelines down to the U.S., the price is maxed out up here. It will be very difficult for the price of natural gas to stay above $2.00 . There are so many companies I like that I wish I had the cash to go around. My all time favorite is Canadian Natural Resource - TSE (cnq). They were at one time mainly natural gas only but now they're close to being 50-50 gas and oil. My pick for a turnaround is Blue Range -TSE (bbr.a). They did have a great '95 but if natural gas stays close to $2.00 and they can manage the're cash flow and debit they'll make it. I watched them grow from a junior capital pool stock to a junior on the TSE. Also watch for Truax petroleum they're having agreat '96. Dave

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