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

To: russwinter who wrote (7896)	1/23/2001 11:49:11 PM
From: John Trudeau	Respond to of 24899

russ, interesting info. I think the trend is definitely in place, and to no surprise. Basically, demand is up, supply is down, and carrying capacity is maxed out (for NG). In my opinion, North America has a problem. Fortunately for some, there's a ton of $$$ to be made investing in solid resource Companies. The key here is finding the quality Co's, as it's a mature industry with lots of history. I expect we'll see a good run up in quality Co. stock prices over the next 2-4 months, as a great deal of money makes its way into the sector. Increased activity will play a role in keeping investor interest, as well as commodity prices (e.g. TLM has increased it's 2001 exploration budget by 44%). Regards, JT