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

To: Cal Gary who wrote (7311)	5/10/2000 12:33:00 AM
From: Fuller	Read Replies (3) \| Respond to of 24939

Checked some of your valuations of other Co. On your spread sheet you E mailed. I agree with your findings, that T.BAU is under valued. But i think your $ 3.00 valuation is a little light. The reason i think this is that the other Co. that were acquired by takeovers were bargan's.For the acquirer. Unless BAU is the next to be a takeover target. Valuations can only increase because there is bound to be several Co. interest in BAU. Thus the less Co. available to purchase the greater the competition. Also i got out of BAU in October,mainly because of the market sentiment towards oil Co. at that time. I am back in to BAU as of April 10 2000.