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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: RIK who wrote (4227)11/28/1997 11:27:00 PM
From: WINDSURFER50  Read Replies (2) of 24933
 
Kerm/Has oil bottomed out?

Tonight on CBC Business World, an oil expert (Shakter, I believe) said that a long list of oil stocks was now as cheap as it was going to get.

In his opinion, many oil producers are trading at <I missed all his technical jargon> CHEAP, according to book value and cash-flow. The one that interests me, which he mentioned, is Barrington and warrants (one-year expiry).

So, he was implying... 'load up.' Agree? Or not?
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