Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Trigas (TGX on TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Stallion who wrote (6)	3/3/1998 2:01:00 AM
From: Richard Saunders	Read Replies (1) \| Respond to of 14

Stallion/ just fired you an offline response too. Report (imo) was interesting and quite seasonal (released 9 days before Valentines Day). Some rosiness included. I believe most growing oil/gas producers have a reasonable idea of what to expect for estimates, etc. for the next 4 qtrs. however whenever I see analyst assumptions for 2 years out I'm leary. As mentioned, tgx has 30mil shares o/s so for every $0.10 stock price move the market cap. is changing by $3mil. That too will eventually (imo) add some resistance to the recipe. At the moment Trigas has NO LT DEBT which is a very good thing. It will be interesting to see the '97 annual and find out how op. costs and net asset value, etc. have been moving. My tho'ts, you asked.