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

To: SofaSpud who wrote (6758)	8/24/1999 1:31:00 PM
From: Craig C	Respond to of 24921

SofaSpud - yes I knew CRS was trading under after the release of 2nd quarter, but production is falling that is why they sold it off after the release. I wanted to buy it but I'am staying away from it till next quarter. If this market stays hot you would think it has to be up there as a buyout for a US comp. Also be interesting to see what happens to CXY. Lots of comp under 10,000 trading less CF multiples. That's a big,big range 0-10,000. But I think that is what our Can market will become. This will be where you make the biggest return. The senior market is drying up fast, so many comp's merging/buying out. Three comp's in particular I follow MXP,MEL,MGY are having good runs. But I don't know if I would say lots trading under 6xCF. For what its worth...