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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Ward Nicholson who wrote (316)	12/30/1998 3:32:00 PM
From: the Chief	Respond to of 2259

I would tend to agree....but for one thing...positioning by mutual funds for the RRSP season. I think there will be plenty of them betting on a $5.50 GOU by Dec 1999 Just another theory! the Chief

To: Ward Nicholson who wrote (316)	12/30/1998 3:33:00 PM
From: keith massey	Read Replies (1) \| Respond to of 2259

Thanks for the internet article...great read This may be be why gou is rising. Analyst Coverage Deutsche Bank Securities analyst John Clarke said Wednesday he changed ratings on five petroleum companies. -- cut Ranger Oil Ltd <RGO.N> to an accumulate from a buy rating. -- raised Gulf Indonesia Resources Ltd <GRL.N>, Gulf Canada Resources Ltd <GOU.TO> and Canadian Occidential Petroleum Ltd<CXY.TO> to accumulate from hold rating. -- raised Bitech Petroleum Corp <BPU.N> to hold from a sell rating. -- shares of Ranger Oil closed at 4, Gulf Indonesia closed at 6, Gulf Canada closed at 2-3/8. (U.S. $) Best Regards KEITH