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

To: Kerm Yerman who wrote (4445)	1/8/1998 12:03:00 PM
From: RIK	Read Replies (1) \| Respond to of 24927

Kerm / Prowlers .....how about AEC and PCP [got a gut feeling that PCP is having a close look at NORCEN ]

To: Kerm Yerman who wrote (4445)	1/9/1998 5:31:00 PM
From: Rick W.	Read Replies (1) \| Respond to of 24927

Any information on the new discovery by Trans Texas Gas (TTG on New York).

To: Kerm Yerman who wrote (4445)	1/14/1998 12:04:00 PM
From: RIK	Read Replies (2) \| Respond to of 24927

Kerm / General Kerm , I would be interested in your commments with respect to evaluating companies on a debt adjusted basis. Are you looking at TOTAL CAP /CASH FLOW ratios ? What are the advantages over looking at fully diluted cash flow streams? I believe many debt ladden companies have already been discounted and that companies that are so encumbered present ideal take-over candidates. I would however, like to cover 'all the bases'and would appreciate your opinion. cheers rik