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Gold/Mining/Energy : Tiverton Petroleum
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To: Turk who wrote (7)1/5/1997 2:45:00 PM
From: Brady Patterson   of 27
 
Thanks for the info. It is much appreciated.

However, I wonder has this contact of yours done much
fundamental analysis to say that the stock is worth $1,
or is he pretty much just following the technical trends
and the big boys?

The ratio of stock price to cash flow per share
has been much higher with this stock than several
other junior oils. Usually the screaming bargains
in this sector will have very good (low) cash flow
multiples, even if actual earnings are not great or
existing at all.

Anyway, let's keep up the discussion and hope for a buying
opportunity to let me get in at a lower price.
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