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


To: jim_p who wrote (69070)7/2/2000 11:42:22 AM
From: kormac  Respond to of 95453
 
Canadian Gas Production:

"Of course, each and every public policy crisis also comes with investment opportunities. Companies with solid gas reserves, such as Canadian Hunter (TSE: HTR); Canadian Natural Resources Ltd. (TSE: CNQ), headed by proven manager Murray Edwards; Alberta Energy Co. (TSE: AEC); and Paramount Resources Ltd. (TSE: POU), which has strong holdings in the Northwest Territories, are obvious choices. Even though shares in these companies have almost doubled in value in the last six months (Canadian Hunter, for example, has climbed from an average of $19 last year to $33 on June 22), most analysts still consider them good buys. "Their share prices still don’t reflect higher gas prices," notes Christie. He advises investors, however, to stay away from small gas companies for the simple reason that they don’t have the capital to find big reserves. Broad-minded investors might also consider energy utilities, firms focusing on alternative sources such as solar and companies that do energy audits. "We are potentially entering an energy crisis going into this winter at the same time as a US presidential election," says Molyneaux. "It’s going to be interesting."

canbus.com

"By next winter, gas prices could be 300 to 400 times higher".

I hope he means 300 or 400 percent higher.

with my best Seppo