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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: HAZ who wrote (3980)10/25/1997 7:40:00 AM
From: Kerm Yerman  Read Replies (1) of 24931
 
HAZ / Your Mini-Junior List

Surprised to see you listed Colony Energy. Haven't seen any mention of the company prior. Most of story can be picked up via their press releases. Picked up some shares in the company @ $1.02 a few weeks ago and they have appreciated quite nicely since. Have you talked with company recently?

Also like Lexxor Energy and look for better results in their activities. I like the apron strings to Blue Range Resources.

Opal Energy - blew this opportunity. It's doubled since I looked at it and liked what I saw. I did mention that the company may be worth looking into at the time, but did not take advantage of it myself.

Prize Energy - Another apron strings (Canadian 88 Energy) situation I like, especially free 10% ride on Waterton drillings. The problem here is lengthy process to begin tying in these monster beauties.

Southward Energy - Don't really follow this one. Probably because company has been around quite a few years and has always been a penny stock - and promoted throughout time. Recent news releases don't look bad.

Alpine - Another one that I don't follow closely. However service sector is hot and Alpine shares should benefit.

Which brings me to mention Hyduke Capital Resources. I'm very high on shares in this company and potential appreciation over coming year and beyond - if drilling activity remains at record pace. Shares have doubled since I reviewed the company here at SI @ $1.50. Yesterday, trading volume was 228,000 shares - highest volume since shares were listed on Alberta Exchange. Shares traded in narrow $3.05 - $3.10 range which is encouraging. Based upon dollar volume, it had to be one of the most active on the exchange.



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