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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: RIK who wrote (4240)12/2/1997 2:25:00 AM
From: Chi-Chi  Read Replies (4) of 24930
 
RIK

Regarding your comments on the companies we have featured; I beleive "tanking big time" may be a little harsh. They are underperforming below our expectations, but the sector as a whole is suffering recently and we have only done features for the last three months. Yes, we do continue to like our stories and have every confidence that they will rebound. Companies with solid fundamentals will provide returns over the medium to long term. Obviously, no oil and gas company is immune to general industry/market conditions.

We didn't say anything at the time of their jump, but we had Bonavista Petroleum scheduled as our second feature. They were trading at about $1.45 at the time. We didn't profile Bonavista, however, because the President at that time, Eric Gronberg, declined our invitation. That one alone (subsequent high of over $4 but I've quite looking) would have provided us with "big time return". You win some and you lose some.

Anyways, we still have confidence in our selections and analysis. Thus we will continue to provide the features and will continue to post our results. We have received many favorable comments through e-mails and continue to get visitors to our site (yourself among them).

In regards to our industry experience, we receive contributions from various disciplines in the field (ie. engineers, geologists and financial people) as is evidenced by the information provided in our profiles.

Thanks for the comments and please don't give up on us just yet.

ESP
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