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Gold/Mining/Energy : Gendis TSE:GDS.A -- Ignore unavailable to you. Want to Upgrade?


To: SAM-DAN who wrote (23)6/29/1998 5:19:00 PM
From: BioInv  Respond to of 81
 
Thanks. keep in touch. If Gendis management are not "fire-saling" PXD shares for credit reasons, I can not see where the risk is..Even if you write off the non publicly traded bits [SAAN,Tundra and real estate]PXd and Fort Chicago combined are worth $19 at todays low oil prices. And the book value in the annual report is close to $19. Plus the fund companies bought in the $20 - $22 range. Strange stuff