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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Goldberry who wrote (5934)1/26/1999 7:40:00 PM
From: Geoff Trueman  Respond to of 24925
 
Graham / Canadian Hunter

I agree with your assessment re the controlling Edper interest. I was thinking more of taking a long term position, because even with the controlling interest I find the numbers compelling. Back of the envelope, HTR trades at about HALF the valuation of RAX where you look at Market Cap + Long Term Debt / BOEPD x Cash Flow per BOE.

At some point, someone is going to want this company -- and in the meantime it may provide some trading opportunities. I also like the very modest debt level of HTR.

Anyway, just thought I would stoke the conversation on a company that may not be familiar to everyone.