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

To: SofaSpud who wrote (4245)	12/2/1997 12:39:00 PM
From: RIK	Read Replies (1) \| Respond to of 24931

David / ESP............... I ,like many of you,enjoy playing the junior oil market .... thats about as close as you can get to participating directly in the drilling of a well. With that comes the " highs and lows " of being successful or not so. Junior oils are behind the '8' ball from the start. When adverse times set in they get whacked first...when favorable times are presented, the competetive nature of the business makes them take on greater economic risks in order to participate. I believe its difficult to hold a large basket of juniors and make money....pick the guys who have demonstrated staying power and hang in there with them until the hit. Yes , my comments to Chi-Chi were not fair and I apologize for that....they have featured some interesting companies. Cheers .............rik