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


To: Kerm Yerman who wrote (4279)12/6/1997 9:16:00 PM
From: Keith Utz  Read Replies (1) | Respond to of 24905
 
Kerm, I see where you added Remington to you list recently. REL is trading over $25 and around 10 times cash flow.. Upton is selling around $3.85 and around 3 times cash flow. I've been buying URC at these low levels(and higher) but wondering if REL's prospects are truely that much better than URC based on cash flow valuations given by the market? The market seems to think that URC made a mistake with their exchange with Berkly. Would be interesting in hearing your thoughts.

Keith