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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Cal Gary who wrote (6725)8/17/1999 9:27:00 PM
From: kingfisher  Respond to of 24910
 
"Sorry to see Poco bite the dust".
Why be sorry?I hope that by November most of my small cap juniors trading at 3.5 times current cash flow vs an historical average of 6 times cash flow for small cap oil and gas stocks start to catch some potential suitors eyes.
When oil hits $26 a barrel and gas $4 per mcf they'll all be tripping over each other to snap up anything listed.
Less than a year ago some gloom and doomers were predicting a disaster for this industry.It was a time to be buying and yet few did.Still lot of upside for some of the smaller companies .

Richard