Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Syncrude who wrote (5591)	11/16/1998 9:17:00 PM
From: oilfinder	Read Replies (1) of 24925

Kerm and (others) how much is an MCF worth in the ground ? Any stats on what other companies have been sold for on an MCF basis ? Once we have a number it should be easy to assign a value to the company, by risking the probables by 50%. My money is on a white knight, I just cannot see how a gas rich company could go for paper to an over leveraged junior, somebody is going to come and make a cash offer IMHO. Hey, even if it goes for 7$, that's 16% over today's price. MD

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