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


To: HAZ who wrote (7465)8/16/2000 11:25:41 AM
From: TheMajor  Respond to of 24905
 
<<Can anyone please explain this discrepancy??>>

Nope, makes no sense at all. But then, I suspect TET is like many other small producers, great story, fine management and horrendously undervalued stock. Same goes for some of the majors: On CF multiples, TLM should be around $75, ditto with AEC and CNQ. So the whole sector, while gradually improving, does not reflect the great story. Benefit of that is that there is still time to buy more at these levels with considerable upside still left, presumably, over the next 12-24 months. As for TET, I am still hanging in there. I'm nicely "in the money" but expect further improvement over the next six months.
Kind regards
TM



To: HAZ who wrote (7465)8/16/2000 1:18:04 PM
From: Braincramp  Read Replies (1) | Respond to of 24905
 
Could be at this point their NAV is 30 mil and the MC is 45 mil