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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Lorne Larson who wrote (741)	2/19/2001 11:22:26 AM
From: kingfisher	Read Replies (1) \| Respond to of 11633

I aggree.This deal is great for Prime West.Essentially Cypress has aggreed to convert into a Royalty Trust by merging with Prime West. Eventually the combined company will trade at 4 times cash flow.Cypress at 2.9 cash flow is a steal. Yes it is only a matter of time for the micro caps trading at 1.5 times cash flow to get snapped up by Founders Energy. I like their business plan. Look for stocks like Bolt Energy and Hawk Oil to get snapped up by small cap Royalty Trusts.