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

To: The Fix who wrote (8066)	3/31/2001 5:21:48 PM
From: teevee	Respond to of 24892

Fixer, Where the CF multiple is headed is what is driving the share price. PEY is a high growth stock. I target $7.00 this year and $12 to $14 the year after. PEY will get there because the long lived gas reserves are there on undeveloped lands and the insiders have control. Brokers can't force a takeover and no one can successfully pull off a hostile takeover here, short of paying the price PEY would be prepared to sell for. Look at Paramount Pete. That is the model here.