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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (8549)1/18/1998 8:39:00 PM
From: Kerm Yerman  Read Replies (1) | Respond to of 15196
 
MARKET ACTIVITY / KERM'S SPECULATIVE 15 REPORT WEEK ENDING JAN 16, 1998 (11)


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Speculative Fifteen Weekly Trading Summary Report
For Week Ending 01/16/98

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COMPANY STK ( 52-WEEK ) (TRADING ACTIVITY WEEKLY SUMMARY) REC.
NAME SYM HIGH LOW HIGH LOW LAST CHG VOLUME B-H-S

CANBAIKAL RESOURCES A-CBQ 2.30 0.60 ^ 1.50 1.30 1.35 -0.15 30,500 H
COLONY ENERGY A-CYG 3.20 0.70 ^ 1.80 1.65 1.70 -0.15 72,900 H
COMPTON PETROLEUM T-CMT 2.25 0.75 ^ 1.40 1.10 1.40 +0.10 980,200 H
DRAIG ENERGY A-DRA 1.75 0.15 ^ 1.15 1.10 1.11 -0.19 13,000 H
GRANGER ENERGY A-GAS.A 2.50 *1.00 ^ 1.25 1.00 1.05 -0.15 6,400 H
HARBOR PETROLEUM T-HRP 1.08 0.50 ^ 0.68 0.60 0.68 +0.03 61,400 H
LEXXOR ENERGY A-LXX.A 1.50 *0.90 ^ 1.00 0.90 0.90 -0.10 15,000 H
PAN EAST PETROLEUM T-PEC 5.95 *1.20 ^ 1.43 1.20 1.42 +0.16 468,500 H
RICHLAND PETROLEUM T-RLP.A 5.75 2.85 ^ 4.20 3.75 4.00 +0.25 12,100 H
SPIRE ENERGY T-SEY 2.05 1.20 ^ 1.50 1.30 1.50 +0.20 21,300 H
TETHYS ENERGY T-TET 4.29 1.50 ^ 2.30 2.05 2.25 +0.10 42,100 H
THUNDER ENERGY T-THY 3.25 0.90 ^ 2.12 1.85 2.10 +0.15 144,500 H
UPTON RESOURCES T-URC 12.50 3.15 ^ 3.95 3.65 3.75 +0.05 39,900 B
WOLVERINE ENERGY A-WVE 1.70 *0.99 ^ 1.10 0.99 1.05 0.00 59,600 H
ZARGON OIL & GAS T-ZAR 4.35 2.05 ^ 2.95 2.75 2.90 +0.05 28,500 H


TSE ( 52 WEEK ) ( WEEK ENDING SUMMARY )
INDEX HIGH LOW HIGH LOW CLOSE CHANGE VOLUME

Week Ending 01/16/98
TORONTO 300 7223.42 5657.96 ^ 6418.68 6056.69 6418.68 +146.25 335,958,700
O&G COMPOSITE 8094.31 *5473.37 ^ 6018.24 5473.37 6018.24 +335.69 58,125,200
INTEGRATED OIL 9729.68 6145.69 ^ 8356.56 7683.29 8356.56 +328.87 6529,800
O&G PRODUCERS 7461.88 *4778.84 ^ 5308.47 4778.84 5308.47 +362.16 49,023,200
O&G SERVICES 4353.30 2086.81 ^ 2527.67 2352.39 2474.56 + 19.70 2,472,200

Week Ending 01/09/98
TORONTO 300 7223.42 5657.96 ^ 6755.85 6255.07 6272.43 -438.95 337,770,000
O&G COMPOSITE 8094.31 *5682.55 ^ 6602.95 5682.55 5682.55 -943.54 74,318,000
INTEGRATED OIL 9729.68 6145.69 ^ 9158.41 8027.69 8027.69 -859.50 12,649,000
O&G PRODUCERS 7461.88 *4946.31 ^ 5835.19 4946.31 4946.31 -909.16 56,928,000
O&G SERVICES 4353.30 2086.81 ^ 3078.56 2429.26 2454.86 -601.79 4,742,000

In the first two weeks of 1998, we have had a viotale two weeks of trading in
the oils. I thought it may be interesting to list the activity over that period.

Note, Monday 1/12/98 was the turning point for the freefalling oils. Focusing on
the oil and gas producers, the group was down 167.47 points on top of the 909.16
points lost the previous week. At that point, the group had lost a total of
1076.63 points, or 18.4% since we began trading in 1998. However, by the end of
the day, the group had recovered to post a gain of 60.08 points. Monday's swing
amounted to 227.55 points.

Also worth noting is weekly volume from week to week. The TSE 300 was about the
same as in the previous week. However, the volume in the oils was substantially
higher.

* New High or New Low
B-H-S = Buy - Hold - Sell ** Strong Buy
Best viewed by "Remove Navigation".

*Report dated 01/9/98 contained an error.
The Close for the TSE 300 should of read 6272.43, rather than 6711.38.