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

To: RIK who wrote (6807)	9/4/1999 1:08:00 AM
From: VisionsOfSugarplums	Respond to of 24921

Beau Canada (BAU) - sold off to as low as $2.16 today, which surprises me a bit. Has been declining since the 24th, and although I expected a bit of a pullback, I didn't think it'd go this low (I would think down to $2.45). Q2 cash flows were 0.13/share. The big net seller since the 24th was Goepel and most of their sells were done today. BAU is leveraged at the higher end of the scale and is in the multiple penalty box, but I"m not aware of any new production issues and I don't think exploration speculation was previously priced into the stock. Anybody heard something specific to BAU that might explain the drop? TIA, Regards, t.