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

To: Richard Saunders who wrote (9104)5/13/2002 12:19:05 PM
From: SofaSpud  Read Replies (3) | Respond to of 24922
 
So POU is paying $15/boe for reserves, or $33k/boed, less whatever the land is worth. Anyone know Summit? I've never looked at it. Seems like this acquisition, combined with the creation of the trust, swings POU away from being the purest gas play around.

The market seems to like the deal, at least at first blush.



To: Richard Saunders who wrote (9104)5/13/2002 1:25:47 PM
From: Cal Gary  Respond to of 24922
 
Good observation Richard

Busy weekend for the lawyers

Lawyers making money on the weekend.
Porkers making money today.

RAX 28.6 million shares traded by mid session.


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