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Gold/Mining/Energy : Belair Energy Corp. (ASE:BEC) -- Ignore unavailable to you. Want to Upgrade?


To: Gordo who wrote (130)11/29/2000 6:50:18 PM
From: John Trudeau  Respond to of 140
 
Gord, the cyberbeer is on its way:)

The Q4 numbers are suppose to be much better... but I have 0 tolerance for Jr O & G Companies. They really can be tiring. If I buy any O & G, it will be T.TLM. If you can snag some in the mid 40's, you're pretty much guaranteed a 20% return within months.... at little to no risk.

You look at the return for the Jr plays, and the risk just doesn't justify it... at these prices anyway.

Ciao,

JT



To: Gordo who wrote (130)12/31/2000 2:20:28 PM
From: John Trudeau  Respond to of 140
 
Gordo, looks like my revised target for 2000 was met... BEC closed at $2.45 Friday. Given the state of the NG market, I think $3.00 by the end of Q1 is do-able.

Anyway, onto some new stuff. Check out Spire Energy Ltd. T.SEY. In particular, their recent PRs. I've started a thread on Spire, as nobody knows about this Co yet. I still like BEC, but SEY is my #1 O & G pick for 2001. I believe they have real, and substantial, long term growth potential, with less risk than most Jrs. Also, I have a very good industry contact on this one.

IMO, this one is a must... please let me know what you think.

P.S. Happy New Year:)

Ciao for now,

JT