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Gold/Mining/Energy : HYDUKE Capitol Resources HYD -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (116)12/3/1999 10:48:00 AM
From: CIMA  Respond to of 135
 
CNBC discussion bullish for oil and gas:

CNBC had an interesting discussion this am about the FED having pumped $500 BILLION DOLLARS into the monetary system as insurance for Y2K.

Hmmmm; now lets make sure we got this right...(VBG).

1. Y2K is going to be a non-event.

2. We know this because our "government" and the Media-spinmeisters have told us peons it would be so...

Now, when was the last time you saw anyone throw $500 BILLION DOLLARS at a "non-event" ?

That is not even the story however... Y2K may, or may not be a non-event. But - that $500 BILLION DOLLARS is not a non-event...

We have continued job & wage pressures on the economy. The first of the year is when many people receive year end bonuses, negotiate new wage & compensation packages, when companies add staff - make capital improvements etc.The inflationary pressure is going to get worse, not better...

Add the housing strength here and a factor that virtually itself will push the fed into a rate hike mode, as the straw that breaks the camels back imho. That factor is consumer spending. There is a huge undercurrent of fear within the consumer banking industry. Consumer spending and thus - consumer debt, has reached beyond dangerous levels. The debt ratio's of the avg Us family is out of control - plain & simple, no other way to label it. This is at the peak of a full employment & rising wage economy. Let this stutter even a single step, and the banking industry is going to see the largest spike in deliquencies and bankruptcies in history. This is being discussed openly; but the Banking industry is so pressured here to ignore this and to grow revenues and to push money - ala~ their allready depressed stock prices; that they can not be relied upon to self-discipline themselves. Trust me; the FED is about to do it for them.

What is extremely bullish for the Oilpatch is the timing nature of this confluence of events.

1. all of this is occuring right at the beginning of the peak of demand drawdowns for both Crude Oil & Natural Gas.

2. Saddam may hold a trump card for Crude Oil that no one is seeing; never underestimate his true motive, or intentions.

3. While Y2K will probably be a non-event domestically; we saw what happens on both Wall St and in Globabl Markets from the Russian meltdown & So American debacles of last fall. Let there be a disruption in Middle East, South American Crude Oil production, or transmission - and watch where crude prices could go & see how Global Markets react. Let there be any disruption in the financial markets globally and watch where the US market goes. - that $500 Billion is not there because there is no risk...

Never has there been such a "timing sensitive" confluence of events that could lead to a massive sector rotation to the Oilpatch and never has there been such a supporting set of fundamentals for Global Supply & Demand underlying the support for the sustainability of strong Crude prices.The market is so mesmerized by the overall market and especially the NASDQ, that they are totally ignoring the Oilpatch and its underlying fundamentals here. They have in fact used its prior near Sector leading YTD gains; as a petty cash account to both play the NASDQ game and to raise cash for potential Y2K redemptions.

Also, as far as shareprices in the Oilpatch - never has there been such a divergence between valuations and crude prices. E&P's are at pure anomaly valuations here.
This will not continue. We've seen 50% moves in the Oilpatch in amazingly short periods of time. Saw them in '97-'98 and with crude prices and supplly/demand fundamentals - and also with Market valuations no where near here.

We are going to be riding the Big Wave here into Boom 2000.
The Y2K Spike for the Oilpatch is going to jump start Boom 2000 unlike anything most are expecting imho.

Buckle up...enjoy the ride.





To: Jim Bishop who wrote (116)12/19/1999 12:10:00 PM
From: CIMA  Respond to of 135
 
Perspectives Weekend Edition - Dec 17
=====================================

Commentary
==========

"A silly man is one who dances, the sillier man is the one who watches."

Many Internet stocks trade at well over 100 times earnings while many don't
even have earnings. Meanwhile, some energy stocks are trading at less than
half their net asset value. This year, the stocks in the S&P 500 that lose
money have outperformed the ones that make money - by a large margin.

I was in a book store today looking at financial self help books. There
were books on how to buy value stocks, and others on how to invest for the
long term and retire rich. I saw one discussing a valuation model that
looked at growth, and another that focused on the randomness of the stock
market. None of these strategies would help you to outperform the NASDAQ
composite in the greatest bull market of the last fifty years. Next year
there will be books telling us how to uncover the next AOL or Dell, but
they will probably be too late.

In the media, expert after expert talks about the irrational nature of this
market, about how technology stocks are over valued and must be ignored if
one does not wish to face financial doom. It seems all these experts are
sitting at their tables while the rest of the party is having a great time
dancing.

Let me tell you a simple rule: All investments will eventually go up, all
investments will eventually go down, timing is everything.

I don't disagree that valuations in many stocks are irrational, nor do I
disagree with many of the theories discussed in the books that line the
shelves of the local Barnes and Nobles or Chapters. At one time or another,
they will each work. But over time, there is only one thing that always
works, and that is, dance with what the market likes and make sure you are
dancing close to the door.

The buy and hold strategy suited a market where the average investor did
not have the ability to move in and out of stocks with low transaction
costs. Now, you can ride a strong stock until it is tired and then move the
money into the next strong horse without having to pay dramatic
commissions. The active investor can judge market activity and focus on
stocks that are moving while the passive investor puts patient money in
stocks that are going no where.

Watch the market for stocks that the market likes, not ones that you like.
Get in early on these stocks and ride them up. When they get
overextended,
short them for the profit taking phase. Sounds easy, right? Not really, but
the new web site that I'll be unveiling in the new year will identify
strategies and offer tools that will help.

Enough Said.



To: Jim Bishop who wrote (116)12/21/1999 12:30:00 PM
From: CIMA  Read Replies (1) | Respond to of 135
 
HYDUKE RESOURCES LTD. ("HYD")
[formerly Hyduke Capital Resources Ltd. ("HYD")]
NOTICE TYPE: Name Change
NOTICE DATE: December 9, 1999

Pursuant to a special resolution passed by shareholders October 22, 1998, the Company has changed its name from Hyduke Capital Resources Ltd. to Hyduke Resources Ltd. There is no consolidation of capital.

Effective at the opening Monday, December 13, 1999, the common shares of Hyduke Resources Ltd. will commence trading on the CDNX, and the common shares of Hyduke Capital Resources Ltd. will be delisted.

Capitalization: Unlimited Number of Common shares with no par value of which
8,451,136 shares are issued and outstanding
Escrow: None

Transfer Agent: Montreal Trust Company of Canada
Trading Symbol: HYD (unchanged)
CUSIP Number: 448943 10 0 (unchanged)
________________________________________