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

To: SofaSpud who wrote (8432)	9/5/2001 12:45:36 AM
From: Tommy D	Respond to of 24920

I agree. A day of mixed feelings as I have made a large amount of money today but AXL was the core of my oil and gas investments. Not sure where to look next but the AXL takeover at this time supports my view that the oil & gas sector is cheap right now. May get cheaper in the short term based on natural gas prices and weakness in the economy but nothing has changed in terms of the long term demand for natural gas and the potential for the oil and gas companies over the next 12 months. My guess is the U.S. companies will keep eating away at out intermediate to senior O&G companies. I hope the Cdn. juniors come in to fill the void as a result of these takeovers. Regards TommyD