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Gold/Mining/Energy : Hegco Canada Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (2270)3/31/2001 10:52:41 AM
From: c.d  Read Replies (1) | Respond to of 2316
 
ED and Reade,

Several months ago we saw an article on Canadian oil and gas juniors that caught my eye. The Calgary market for Juniors has found acceptance here, as so it appears. Could be a while before many of these poor lost souls get bought by larger US and Canadian players. HEGCO is perhaps one of many in that bucket. That all depends on who is leading them. This may be an easy time to drill and make money but it is also the most challenging for senior management. We don't really have a choice of personalities gentlemen, we need the type of leadership that ran this company during it's most difficult times. As we say here when talking about management, "soft butter gets spread". I have left a message for the Chairman and have not heard back from him. He may not be getting my messages that I have left on the main number. Do you have any direct dial info you could put in my box? It would be appreciated. Have a nice day gents.



To: Ed Ajootian who wrote (2270)4/2/2001 6:28:40 PM
From: READE SMITH  Read Replies (1) | Respond to of 2316
 
Hegco's share price is currently a multiple of 27 times trailing earnings...so I think that your 6x multiple is too low. I am told that the numbers released this month will show a higher cash flow than you have estimated.