Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Boris Kuntz who wrote (403)	10/9/1996 4:29:00 AM
From: Kerm Yerman	of 24925

Boris / Arakis I agree, anyone who has ever invested in Arakis has got burned. Now may be the time to turn the tables. There is no doubt they're sitting on oil and now there is every reason for shares to move upward over short term. As far as risk is concerned, I think both companies have inherited this element and past history of events would bear that out. Bottom line, these are international companies and they don't really appeal to me for I concentrate on Canadian domestic operations. What I was attempting to express was that these two companies both have market momentum with "confirmed" hot plays. The company in question had yet to reach that stage on the concession they were operating. The reason behind choosing Arakis for higher short term return on investment was due to percentages. If both were to go up $1.00 in price, Arakis would of returned the greater amount on investment.

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