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

To: Richard Saunders who wrote (9310)	10/1/2002 9:27:41 PM
From: The Osprey	Read Replies (2) \| Respond to of 24914

"Interesting days ahead? Somebody must think so given the financings or is it more of a case of taking advantage of pulling a few dollars out of the cookie jar while some wallets appear receptive? I don't know." Yes and not just in the O&G field Sir.....Look at SUF.T at 7.25 for 42 million with national Bank and BMO Nesbitt Burns and look at IMG.T with theirs done at 7.00.It is a fait de complete sir and the way of the world.We see it everyday and ponder but the oppurtunities as the major players and institutions jockey for sub grade bought deals and cheap stock on the pull backs represent real trading opps as the majors turn on the vacuum's and try and suck out the stock. Don't believe me then look at the trading since IMG announced the deal and look at the trading on SUF from the 7.25 deal.Bought deals are part of everyday financings and have been for many years.They were just presented differently.I could go on and on with examples especially in the offshore O&G off of NS.They are just packaged and presented differently to the ordinary JOE. The Osprey(who loves making money) PS-EDIT----You guys think I just got off of the bus.Guess what???? I didn't.I have played REITS and INCOME trusts and more O&G plays since back with Dome in 1970's over 28 years ago than most of you guys have looked at.I still see deals come across my desk and pass on some and go with others.I make money at it.I trade and play around posting here.It serves for a good reflection on market sentiment and for that I thank you.As I say"A turtle has to stick it's head out before it moves ahead" and as Scott Mc has said in a post previous that it may be the micro's that make money here on.LOL...What a sound piece of advice.As to oil falling out of bed this year if Iraq is settled out.Humbug.Look to 40.oo US oil and over 10.00 US NG.I will even apologize if I am incorrect on this. Remember people, an old adage says "buy oils before the snow flies and sell it before it leaves".....Scott won't see thius as he has me on ignore but perhaps you could copy it and send it to him Richard so he can slam me too. I refer everyone to re-read the header and look at the sister threads and see how active they have been of late as well.Shameful how you attempt yo preserve the thread as a personal thread and not in keeping with the general header.By the way tell me how many times I have posted here in the last 4 months and did I post anything other than News releases????

To: Richard Saunders who wrote (9310)	10/28/2002 3:53:32 PM
From: Richard Saunders	Respond to of 24914

Another $110MM bought deal.... Primewest. TSX SYMBOL: PWX PWI.UN OCTOBER 28, 2002 - 15:42 EST PrimeWest Announces $110 Million Bought Equity Financing and NYSE Listing Date CALGARY, ALBERTA--PrimeWest Energy Trust ("PrimeWest") today announced that it has entered into an agreement to sell, to a syndicate of underwriters led by Scotia Capital Inc. and CIBC World Markets Inc., and including BMO Nesbitt Burns Inc., RBC Capital Markets, TD Securities Inc., National Bank Financial, Canaccord Capital Corporation, Dundee Securities Corporation and Yorkton Securities Inc., 4,200,000 Trust Units at $26.20 per Trust Unit to raise gross proceeds of $110,040,000 on a bought deal basis. The issue will be a bought underwritten public issue by way of a short form prospectus in all provinces of Canada and in the U.S. via Rule 501 (a)(1), (2), (3) or (7) and internationally as permitted. Closing is expected to occur on or about November 13, 2002. The net proceeds of the issue are expected to be used initially to reduce the indebtedness of PrimeWest, including approximately $45.7 million of indebtedness that is expected to be incurred in connection with the acquisition of gas producing properties, and thereafter used to fund future acquisitions, capital expenditures including the $30 million Phase II portion of the 2002 natural gas development program, and the winter 2003 natural gas development program and for general corporate purposes. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. New York Stock Exchange Listing In order to accommodate a request made by one of its senior listed companies (a Dow Jones Industrial Index company), the New York Stock Exchange has asked PrimeWest to change its listing from the November 12, 2002 scheduled date to the next mutually satisfactory date of November 19, 2002. This change in dates will also accommodate PrimeWest's plan to begin marketing the PrimeWest story to the U.S. investment community after the listing date and after the closing of the equity issue.