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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: jdavecook who wrote (24729)	1/3/2003 6:08:07 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 36161

jdave... I've got Peyto on my watchlist-- it's used as a proxy for the ng sector. Would I invest in it? Ask yourself if this stock has the potential to double from here...it's gone a heck of a ways since last summer and my preferences are towards some of the newer plays like Impact Energy (IEY-TSX) and some of the laggards like Purcell Energy (PEL-TSX). Since I'm only interested in capital gains, my own style of speculation requires me to shoot for a doubles. Nothing more, because the risk level would be to high. Nothing less, because I hate dead money. Last word... I normally look for stocks that trade between the range of 2 and 5 bucks, they have the best chance of achieving my desired goal of a 2 bagger. Regards, and welcome aboard. Frank P.