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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: jim black who wrote (53695)	11/18/2005 3:33:43 PM
From: DELT1970	Read Replies (1) \| Respond to of 206223

Today might be a good time to enter BEXP (Brigham Petroleum). They did a secondary last night at $12 and have struggled all day over it. Cash flow in 2005 is expected to come in around $1.88 with 2006 around $2.88. EPS for 2005 estimated at $0.70 and $1.27 for 2006. They do very well in S. Tx, have some property in the Barnett, Granite Wash, and a very intriguing new deal in the Bakken along the MT-N. Dak. border.

To: jim black who wrote (53695)	11/18/2005 3:46:33 PM
From: CommanderCricket	Respond to of 206223

Jim, You not missing a thing. Purchased CHK a few minutes ago Michael

To: jim black who wrote (53695)	11/18/2005 4:38:06 PM
From: wherry	Respond to of 206223

Agreed on ECA. Pretty straight shooters, with the only downer being the market's perception of their hedge book. Anything between $51 and $55 Canadian is a good buy, I think. I am loaded and LTBH on this one, with a two to five year view for a double. Tony.

To: jim black who wrote (53695)	11/18/2005 5:41:27 PM
From: whitepine	Read Replies (1) \| Respond to of 206223

Jim, I am not a Bay Street Analyst, but poor hedges were very costly. FWIW, I am staying away from the long-term CA investments until the election is over.....or until a clear policy regarding trusts and equities has been passed or rejected by the new government. Trading of Canadian in the ST? Perhaps. Though Coxe makes the case for buying LT values of oil sands and Canadian energy resources, I think he neglects the questions of price and timing. To me, both are important. Several people loved ECA at 50ish...........they can love it a lot more now at 43.50 When the time is right -- perhaps with a lower Canadian dollar as the election approaches -- a position via the TSX/pink sheets will probably offer a better LT value play. I am reviewing Canadian Jr's, including DDV, BIR and MSO. Others may have better ideas. Two final items that have caused me to remain cautious. 1.If you review the action on Peyto (peyuf - pey.un), you'll see that even the best NG producers in CA can have problems. Several posters have noted that WET weather conditions in portions of Alberta will challenge operations this quarter. The market usually punishes the companies for their inability to meet projections, weather or not. I don't discount the potential impact of weather on CA EP's. 2. Many discount high costs of production and foreign ownership ratios for oil sands plays. I do not. Good luck, wp