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Gold/Mining/Energy : Canada Southern Petroleum (CSPLF/CSW) -- Ignore unavailable to you. Want to Upgrade?

To: WR61499 who wrote (903)	5/1/2001 4:32:35 PM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 911

Well, if C$1.8mil is not a full month's payment, and litigation expenses do not increase, with only 14 million shares outstanding, the P/E is still rather low. With insiders only 3% ownership, CSW could go "in play". 20% in 1 day is already a big move. But a higher price is not out of the question. Canada Southern Petroleum Limited Voting Shares, C$1 Par, 3/01, 100M auth., 14,316,970 issd. Insiders control approx. 3%. IPO 6/58, 400K shares @ C$3.75 by PaineWebber. OFFICERS: B.A. Anderson, Pres., David Blain, CFO/CAO/Secy./Treas., Timothy L. Largay, Asst. Secy. TRANSFER AGENT: American Stock Transfer & Trust Co. Company incorporated 1954 in Nova Scotia. PHIL