Saxon Petroleum (SXN-TSE) Message Board

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Gold/Mining/Energy : Saxon Petroleum (SXN-TSE)

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To: Steve Trencaroff who wrote (15)	11/6/1997 11:41:00 AM
From: snooker	of 24

Hi: I think there are a few factors : . market unstablities due to currency problems from Asia . investors expected better results from 3rd qtr due to Bigoray site ( still Ok, given the problems they had in timeframe) . GMP still in the process of calulate SXN bottom line and the options to increase shareholder values . yearend tax loss and captial gain time Hopefully, GMP has a good conclusion (merger or acq.); Bigoray will announce better than expected results, and the Oil/Gas market is positive. I hope this analysis will help.(next year range should $1.25 to $1.75)

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