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 : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Goldberry who wrote (4190)	11/20/1997 1:11:00 PM
From: Friend	Read Replies (2) \| Respond to of 24935

KERM/ALL/ Odd Stuff Getting back to you folks regarding CF estimates, Zacks does not cover many Canadian oil and gas stocks. Even the data on the majors is quite limited. Best source seems to be Investor's Digest. Anybody know who to contact to order this publication? Newport - performed an NAV analysis. Current value is around $4/sh using a 15% discount rate for their reserves. The big upside here is the seven "high impact" exploration wells they were going to drill. Three have been drilled and one is being drilled and three more to go. I am guessing that the three they have drilled (results still confidential) are dusters otherwise we would have seen some positive reaction in the stock price. (Good news always seems to leak out one way or another!) Remember the above is based on my own analysis. I remember reading somewhere that one of the brokerage houses came up with a $2-3/sh NAV. Love this thread. Glad I stumbled across it!