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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (4183)	11/19/1997 9:51:00 PM
From: Flan	Read Replies (1) \| Respond to of 24935

Wow - I cannot believe the damage that has been done to my portfolio. I just got off the phone with IR from PDS - Nothing changed - "public will be pleasantly surprised with earnings on the 15th of December. No insider sales in the last month. Company is in awe too about price drop. Strong demand for rigs still seen into future. High utilization and contracts provide excellent visibility. This stock was at $36 three weeks ago today it is at $24. Thats a 36% retracement on no news. If I had any money I would go big but it is all gone. This is not alot of fun. Hang in there oil clan. Anyone here have any thoughts on PDS - appears to be extremely attractive at these levels.

To: Kerm Yerman who wrote (4183)	11/20/1997 3:05:00 AM
From: Dave Fong	Read Replies (1) \| Respond to of 24935

Hello Kerm Just my stratagy. But I felt that I should sell part of my position on my winners for '97 against my losers for '97. Loses in gold shares. Maybe more people is thinking of this like myself for tax purposes. I thought I would start yearly because of uncertainty in both oil prices and gold prices on the horizon. Please comment Dave

To: Kerm Yerman who wrote (4183)	11/20/1997 9:52:00 AM
From: Goldberry	Read Replies (1) \| Respond to of 24935

Kerm/Vermillion Do you think VRM is a buy at the current levels ($6.50)? Do current and projected cash flow numbers look safe? Graham

To: Kerm Yerman who wrote (4183)	11/20/1997 9:05:00 PM
From: TheMajor	Respond to of 24935

Kerm/Newport Very valid remarks. Ups and downs in recent weeks in this sector have been remarkable, with year-end tax decisions perhaps offering additional volatility. Speaking of which, I see NPP came back a bit today, probably because of initial over-reaction to results, but I've given up trying to figure this one out so will see if matters improve over this much-anticipated winter drilling season. I too continue to hold Tethys and Vermilion and see no current reason to sell. I'm not so sure with my CRS holding. I had great hopes for that and have tried to reach management to discuss the stock's southward surge, but, so far, no luck. If and when I get a response, I'll post. Kind regards TM