Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (1088)	5/12/2001 4:16:43 PM
From: Big Dog	Read Replies (2) \| Respond to of 206172

Amen, Porker. I was with some of the mgmt of the TOP gas traders in the world this week. They expect some short-term dip below $4 and then higher - sustained. (No surprise there.) But I can tell you that these companies are working night and day to position themselves for having capacity and capability. I wanted to give a more detailed report on this and some other interesting items, but it seems I have become an insider with a few companies and have to be more careful about my remarks. But my on-the-ground experience confirms the article posted by Razor...in spades. big

To: Razorbak who wrote (1088)	5/15/2001 12:32:02 PM
From: pz	Respond to of 206172

Razor, It looks like HHLF is going to give a cash distribution of $4 a share, Canadian, to it's shareholders. I guess this means I'm going to have to buy you a beer at some point in the future. Maybe at a UT-Arkansas game. :o) Paul Tuesday May 15, 11:45 am Eastern Time Hurricane to recommend payout to shareholders CALGARY, Alberta, May 15 (Reuters) - Hurricane Hydrocarbons Ltd. (Toronto:HHLa.TO - news), which is trying to fend off a bid for control from its major investor, said on Tuesday its special directors committee would recommend issuing $200 million in subordinated debentures to shareholders. The bond issue, which requires board approval, would translate into a distribution of about C$4 a share, said Hurricane, known for its oil production and refinery in Kazakhstan. The company said plans to return $200 million to shareholders had been under consideration since last March. Since then, Central Asian Industrial Holdings, an affiliate of Kazakhstan banking group Kazkommertsbank, has offered C$10.25 ($6.61) for each of 18.4 million Hurricane shares, which would lift its stake to more than 50 percent from about 30 percent. Hurricane has rejected the offer. Shares of Hurricane were halted in Toronto on Tuesday for the announcement. They last traded at C$10.49. ($1 equals $1.55 Canadian)