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 : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Goldberry who wrote (5548)	11/6/1998 1:31:00 PM
From: Kerm Yerman	Respond to of 24925

Graham / Prize Energy Current Price $0.60 I think Prize is a good investment because of relationship with Canadian 88 Energy - they are one and the same. Greg Noval will assure the company gets off to a good start. You will have noticed that PZI doesn't release much news. The company can be monitored with EEE releases concerning Waterton operations. One thing I would like to see is some sort of independency related to other areas of operation. That will come in time. Cost of Waterton will be minimal. Once the company gets to a specific level of production, I'm sure Greg will have someone take charge and give the company a direction - a step in becoming self dependent. Until then, the staff at EEE will totally support operations. It would appear the optimum buying level is in the $0.56-58 range. Being that production is natural gas, the price should remain firm and increase when production revenue commences. A company of their current status usually carries a very high amount of risk in relation to investment. Normally, one would be buying into questionable properties, reserves and future production guess estimates. That is not the case with their situation. Because personnel have not given attention to company activities (they don't have to because it is automatic with EEE administration), shares have remained low in value. Yes, I think the shares in Prize offer a good return on investment at this time.

To: Goldberry who wrote (5548)	11/6/1998 2:07:00 PM
From: Kerm Yerman	Read Replies (1) \| Respond to of 24925

Graham / Personal Choices - Top Five A few weeks ago, I thought share prices on the following companies offered a tremendous buying opportunity. They have had a little run since. I think oil prices will continue to drift in the $13.00 to $14.00 price range. As a result, there might be short term weakness in shares of oil producers. Shares of companies which are gas leveraged would appear close to fully priced. These are the companies which appear most attractive to me and I would be looking to buy upon weakness from current share levels. COMPANY CURRENT OPTIMUM SHARE ENTRY PRICE PRICE Talisman Energy $ 33.80 $ 30.00 Berkley Petroleum $ 11.70 $ 10.00 Probe Exploration $ 3.06 $ 2.80 Genesis Exploration $ 7.30 $ 6.50 Vermilion Resources $ 4.90 $ 4.00 Beginning with the end of the 1st quarter these companies will be issuing fantastic financial and operating reports. It will be this period when one can begin to see true growth because the price of oil and natural gas will be comparable to the same period of a year ago. Even more so for six month 1999 reports.