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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (53109)	10/15/1999 11:09:00 PM
From: RWS	Respond to of 95453

RRC At today's low RRC retraced a fibonacci 62% of the rise from mid Feb. to late June in a 3 wave zigzag pattern. It bounced off that support by day's end. It should see 4.75 by the end of next week in wave 1 and test the June high in a few more weeks in a five wave swing up. RWS Disclaimer: This message is for entertainment purposes only.

To: Razorbak who wrote (53109)	10/15/1999 11:32:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Hey Razorbak! Welcome back, Dude! Long time time no see Stonewall. So, Razor, you're attending the fire sale too? C'mon man, buy at least 1 driller. Oh well, I guess your content to stand on the courthouse steps and buy those E&P's for the taxes huh? Don't be such a stranger. Still got RRC, looks like I'll be holdin that one through the winter. <g> Bull

To: Razorbak who wrote (53109)	11/29/1999 4:26:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

Razor, you still have your EEE? Looks like we hit the jackpot (I have a large position in my Roth). This just out (They are actually giving production numbers for once, and the numbers are quite impressive!!): EDIT: Have taken more time to review the release. It is incredibly positive to me. Management has been working their butts off since stating the stock was undervalued last summer. Production ramping, exploration ramping, credit lines affirmed, accounting problems fixed, ... biz.yahoo.com Canadian 88's Cash Flow Up 51% and Natural Gas Production Up 44% for Nine Month Period Ending Sept. 30, 1999-Conference Call ... During the past five years, Canadian 88's proven reserves base has increased over six fold to 754 Bcf of natural gas and 30 million barrels of liquids as evaluated by McDaniel & Associates. . Our growth has been through the drill bit with revenue and cash flow consistently increasing to record levels. According to a recent Canadian industry study, Canadian 88 has achieved one of the lowest finding and development costs for proven reserves in Canada - ranking #2 in Canada with a five year finding and development cost of $5.00 Cdn./boe, compared to an industry average of $7.70 Cdn./boe, and - ranking #5 in Canada with a three year finding and development cost of $5.10 Cdn./boe, compared to an industry average of $7.50 Cdn./boe. ... In spite of our above-mentioned success, our shares are currently trading at less than one-half of our estimated net asset value (NAV) of over $6.55/share. The message we are getting from the capital markets is that we must focus more attention on placing existing reserves on-stream more quickly to achieve higher levels of near term production and cash flow. ... Changes have been made to allow us to deliver performance consistent with the expectations of capital markets. Our focus is primarily on activities that can be expected to increase near term production and cash flow while shortening the time it takes to get our new reserves on-stream without compromising our exploration focus and significant growth opportunities. ... (there is much, much more).