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


To: stan_hughes who wrote (8697)3/1/2002 12:04:47 PM
From: Cal Gary  Respond to of 24921
 
Stan, it was really all tongue in cheek. I just wanted to see how confident you were with the $12 call on RAX.

Cdn Oil and Gas index almost at 52 week high. Imagine that.

Canadian loonie walking at all time low, 0.62 (or $1.59 for 1 US buck.) Imagine that. Should fire our government.

An american firm can absorb RAX's debt easier that a Canadian firm especially at 1.59 exchange rate.

RAX has leggs today. 16.80 high.

You never know what you never know.

Have a great day.