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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Dave Fong who wrote (6077)	2/24/1999 10:29:00 AM
From: johnlag	Read Replies (1) of 24921

Dave / Northrock The market is suddenly looking at these mid-size producers and taking their large amounts of debt into consideration. I believe Northrock's debt is in the $250 million range! Unbelievable. I also believe they are weighted more heavily into oil. Should the oil prices stay the same for an extended period of time, companies like Northrock will find themselves against a wall - like Remington. I expect more on the downside from here. John

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