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To: Cogito Ergo Sum who wrote (25037)1/20/2005 9:06:53 PM
From: Bearcatbob  Read Replies (3) | Respond to of 313600
 
SC, I tend to agree with you. It would be in neither of our interests. The wild card is the price of energy. Alberta could become the richest location in the world outside of OPEC. That would create interesting internal stresses within Canada - especially if the dollar values cause problems in Ontario and Quebec.

Bob



To: Cogito Ergo Sum who wrote (25037)1/21/2005 9:43:41 PM
From: Bearcatbob  Read Replies (3) | Respond to of 313600
 
SC,

I sent you the MMR spread sheet this evening. Anyone else wanting it can send me an email via pm - or simply go to the MMR website and read the info.

Gang - you do not need the specs to play for a home run. I invite beg alternate appraisals - but this is what I see.

1. A stock with $199 million (green)
2. 17 million shares outstanding.

3. Rapidly growing production.

4. Several near term impact wells.

5. But most of all - reasonable prospects for a T of gas reserves this year. Do the math - a T and 17 million shares OS.

Oh yeah - and just for grins - an offshore facility being permitted as an LNG terminal.

I have an internet oil and gas friend who is bozo nuts about this one - he has convinced me.

Bob