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


To: RIK who wrote (7308)5/4/2000 12:12:00 PM
From: kingfisher  Read Replies (1) | Respond to of 24915
 
RIK I have to agree,this take over merger situation is actually just starting.Magin despite appreciating recently is still dirt cheap and it will take a lot more on the bid for me to part with my shares.Testing of well number 3 at Copton must have started by now with completion on well number 4 in progress.This Copton field could eventually prove out big time.Forest Oil is very positive on it.

Also ELK levered to gas is still trading at less than net asset value despite huge potential in California.
Compton also looks pretty cheap,etc etc.
Opportunities like this do not come along very often and I certainly am willing to put 100% into oil and gas sector and rest comfortably doing so.
Happy Trading,
Richard