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


To: HAZ who wrote (4376)1/2/1998 6:20:00 PM
From: RIK  Read Replies (1) | Respond to of 24904
 
HAZ / SYO

I took a position in SYO because of the T/O - merger possibilities; when they issued equity at $1.00/sh. they probably killed all chances of a friendly deal.......staffing up indicates that they 'want to do their own thing'. IMO a hostile deal is not likely unless SYO beats them to the punch in some more deals. [January land sales in area should be very interesting ]
The stock movement is likely related to drilling results - rumours......they have licenced 5 Dawson wells in Nov/Dec 97.