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


To: Goldberry who wrote (4229)11/27/1997 5:13:00 PM
From: marcos  Respond to of 24915
 
Canada energy stocks could be in for further drop;
biz.yahoo.com

Some of the nickels I've been saving to catch gold stocks at the bottom could get diverted over to oil, at this rate...

.......... cheers ........... marcos



To: Goldberry who wrote (4229)11/28/1997 12:21:00 PM
From: HAZ  Read Replies (3) | Respond to of 24915
 
Graham / Orbit Takeover

Your guess is as good as mime, unfortunately we can't get into the dataroom unless we have lots of money to invest and that is where all the activity is going to be.

Is there any hidden value that we as shareholders don't know about or is not realized in current share prices ?

With O&G markets in a dizzy I'd suspect $ 1.70 is very close to the top but don't count Lamond out, he's been in this game a long time and he may have a couple of aces up his sleeve and as a 20% shareholder I'm sure he is working very hard to get a better offer.

Canadian Conquest / Potential New takeover

I'm am seeing signs (my interpretation only) that CCN is a clear takeover target at current prices. Someone is offering to buy 100 board lots at 0.98, what to they know that we don't ?

Now maybe this is a problem with the stockwatch quote server but it definitely looks like the smart money is getting in.

From a fundamentals perspective this stock is very cheap and if anyone can buy it under 1.50 they are getting a bargain.

Please don't construe this as a rumor, this just my personal opinion and I have invested in CCN.

Cheers and good investing