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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Bearcatbob who wrote (5372)9/9/1998 11:51:00 AM
From: Chi-Chi  Read Replies (1) of 24921
 
Bearcatbob,

The Energy Stock Page has focused its profiles towards companies with lower market caps than Maxx and Beau Canada. I don't anticipate that either of those companies will fall within our parameters as they are established companies, rather than emerging companies which we lean towards. I don't have too much more to add to what David has said about your two companies other than I believe Beau Canada has somewhere in the neighborhood of 90 million shares outstanding, which I feel limits their upside potential somewhat. We are bullish on natural gas in the short term (as evidenced by our more recent profiles) with the anticipated price increases on the horizon, but feel that oil could provide solid returns over a 12 - 18 month timeframe.

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