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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (210)10/6/1996 6:36:00 AM
From: Kerm Yerman   of 24921
 
Scotia McLeod Inc.
Buy and Sell
October 5, 1996

Canadian gold and oil stocks should provide market leadership over the
next year if the economic cycle buoying the market is extended, said
Peter Gibson, market strategist and head of quantitative research at
Toronto's ScotiaMcLeod Inc..

Suncor Inc. (SU-TSE) $49.40 ($39.13-$49.95) is one of his selections
in the oil sector. Calgary based Suncor is a natural gas & conventional
oil producer and marketer. It has oilsands interests near Fort McMurray,
Alberta. "The company's valuation and return on investment growth
is the best in the Integrated Oil Index," he said.
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