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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Stephen Bedingfield who wrote (5213)	6/25/1998 12:02:00 PM
From: Money Maker (MM)	Read Replies (1) of 24892

ABRG is an undervalued company. [please, also check it on ABRG thread] Company value based on two projects: 1.Alberta's property = $ 28.62M 2.The Beaufort Sea Project: $12.78M + $133.8M + $91.6M = $238.18M Total = $266.80M Outstanding shares based on TA information is around 31M (floating only 11M). So, the share value is: $266.81M --------- = $8.6/share 31M That's why ABRG at the current price, $0.10, is very undervalued. MM

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