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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (43427)	12/16/2003 8:36:01 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

Hi KyrosL, re: BTE.UN I picked it up as 1) a value play 2) oil diversity (compared to NG) 3) mgmt seems OK ie good hedging strategy with Frontier. 4) as a stable yield component of my portfolio with good upside potential. 5) not exciting ;o) Only caveat is new methodology for calculating reserves starting so I believe some proved may move to 'probable' but this is not unique to Baytex. why did you like it ? I ask this in lieu of my #4 and since you seem to be financially conservative and like value. regards Kastel