Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: SofaSpud who wrote (1299)	11/27/1996 6:43:00 PM
From: Kerm Yerman	of 24925

David / Net Asset Values I pay attention to the Net Asset Value of a company. I have no idea of what is a standard used by most analysts. However, I personaly think 50% premium is high. I think 20 to 25% is a good premium. One has to base this data on annual growth of a company, at least that's my way of thinking. You didn't mention if Upitis remembered me. Regarding natural gas prices ----can you believe $3.50+ NYMEX. Also, keep in mind that budgeted natural gas prices will vary from one company to another. There are built in variances such as distribution and marketing situations.

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