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Gold/Mining/Energy : Thunder Energy (THY on TSE)
THY 22.13+0.2%Dec 15 4:00 PM EST

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To: Steve Bevington who wrote ()10/11/1997 1:24:00 PM
From: Steve Bevington  Read Replies (1) of 11
 
Thunder has been creeping upwards and has broken the $3.00 level and seems to be strong enough to remain there. Perhaps the increases in target BOED are awakening investors to this firm. The Globe ran an article this week on Renaissance highlighting the potential turnaround in stock price. Thunder is located very close to RES. Did the article on RES have a positive impact on THY, or has THY's steady increase prompt the article? All kidding aside, based on target levels and drilling etc., I would price THY at $3.50 before calendar year end. Should the stock start a run, specs. may join the fray and push Thunder above the $4-$4.50 range.

I welcome any comments.
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