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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Goldberry who wrote (2226)2/3/1997 4:38:00 PM
From: Kerm Yerman   of 24925
 
Graham / Stampeder Exploration

I've noticed same thing regarding Stampeder and Canadian 88 Energy as well. I don't believe either are ahead of themselves in the marketplace. When, or just before, annual report is released - we should see some nice share movement. The guys at Stampeder should be on Wall Street, bringing visability to the company to induce institutional interest. Stampeder is a good company but Bay Street may be looking to see how their recent acquisitions are blending into their operations. I believe Stampeder has made all the right moves up to this point in time. Based upon increasing costs for property and reserves, their timing was perfect.

When I bought shares in Berkley Petroleum at $4.00 and it traded in that range for several months thereafter, I kept asking myself why shares were stagnant in the market while good things were happening.
Patience paid off.
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