SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (7640)9/28/2000 1:43:26 PM
From: thestockrider  Read Replies (1) | Respond to of 24899
 
I'm new here and am interested in buying Canadian O&G Stocks. Are there any online brokers you recommend US citizens use to buy Canadian stocks?

Thanks,

-thestockrider



To: Claude Cormier who wrote (7640)9/28/2000 2:32:52 PM
From: The Fix  Read Replies (1) | Respond to of 24899
 
Hello Claude, This is what I've been Buying as far as jrs. Goes. On the Nat. Gas Side......

1. CMT, about 2.5X Cash Flow, Producing over 15,000 BOE/D, over 95% in NG, Very min. hedge in Place, Exceptionally good Management in place (Past Winners). Hooker property is turning out to be a huge find. Will exit 2000 with over 17,000 BOE/D. Do the math on this one!

2. EEE, (Like CMT over 95% in NG) hedge comes off haloween, Great U.S. exposure (AMEX). Strong new Management in Place and Duke Energy as a Sugar Daddy to Boot.

3. TGX, All into NG, Strong Management

4. BAU, Company is up for sale and Will be sold for over $2.50. This will be the turn around story in the patch next year. Mgt is doing the right thing at the right time.

On the Oily Side

1. URC, All Oil (over 4400 BOD). Cash flow at about 2X. Tightly held Stock.

2. TET, About 60/40 Split between Oil and Gas. Trading at about 3X Cash Currently. In the next two Qtrs some very good wells coming on stream.

3. MGY, also 60/40 Split, Over the next year that will change to a 60/40 Split in the N.G. Favor ( All Drilling this year is NG related. Copton will come on line 4th Qtr. These guys are spend the Cash wisely.

Do some DD and Tell me what you think.

fIXER