Insiders tradings on canadian stocks Message Board

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Gold/Mining/Energy : Insiders tradings on canadian stocks

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To: Scott Mc who wrote (388)	5/6/1998 8:18:00 PM
From: Pierre J. LeBel	Read Replies (1) of 2322

Hi Scott. Right you are! Very little insiders buying. It is why I value Alpine Oil Services (ASL) so much. It is one of the few stocks in the oil service industry which has been under regular buying from insiders as reported earlier by Gilbert. It is now trading around $ 1.40-1.50 and I would expect the stock to reach $ 2.00+ before year-end. With 1998 earning estimates of .15 to .18 per share, it still trades at a very low p/e ratio of less than 10 this year's earnings! Have a very nice day. Pierre

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