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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (4996)	4/23/1998 9:53:00 AM
From: Richard Saunders	Read Replies (1) of 24918

Kerm/ Upton. You mentioned URC in response to David - have you seen any recent cashflow estimates for '98? Asked same question not too long ago and I think most recent est. was the Nesbitt Burns Red Book for 2Q where CF is estimated at $1.19. I've been bugging the full-service's asst. and asked for a pollong from Bloomberg but nothing CF related came back.. Consensus earnings are shown at $0.11 (2 analysts responding, not sure which brokerages) but supposedly CF wasn't detailed. What I did find though (should be confirmed) is that Upton is doing a presentation next week and I believe it's focussed at analyst types, maybe fund mgrs. Someone (thanks AL R) was mentioning that First Marathon has $1.45 showing as an estimate according to a past copy of the Investors Digest however I suspect that's likely a stale estimate. If anyone has access to broker-think at Peters&Co. it would be interesting to see if there's an official brokerage view there. A few shares have been sold recently from that brokerage. Recently p/u a few $3.35 shares and am hopeful that'll look o-k in a while.

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