Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Andrew G. who wrote (2492)	10/26/1997 10:27:00 AM
From: Flan	Read Replies (1) \| Respond to of 95453

Andrew, I follow and own CLTDF - The numbers they posted the other day were impressive if not for the rout in the market the stock would be alot higher. I talked to the CEO Doug Robinson last week and he said that activity was strong. The company yanked an equity offering in the spring because they thought the stock was too undervalued ( they did a debt offering in Sept and will be using the proceeds for further aquisitions into the US market where they made several accretive aquisitions last year. I still think this company is takeover target but even if it does not get taken out it is trading at a substantial discount to other companies in its group. When money mgrs start looking for values in the oil sector this stock will appear. Last may I was pounding the table on KEG when it was at 12 well I am doing the same on this one. This stock will be alot higher in twelve months.