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


To: AL R who wrote (6121)2/28/1999 12:29:00 PM
From: JG  Read Replies (1) | Respond to of 24892
 
To Anyone:

Recently I found some old oil stock certificates that belonged to my wife's grandfather. The companies are: The Milller-Schulte Oil Company and Lumberman's Oil Corporation of America. Both companies were incorporatied in Wyoming. Does anyone have any information about either of these corporations, and if not, do you know where I can get information. Thanks in advance, Jim.



To: AL R who wrote (6121)2/28/1999 8:42:00 PM
From: Kerm Yerman  Respond to of 24892
 
Al R

I continue to rate the listed companies the same. I think we might of just seen a dead cat bounce Thursday and Friday, which was a wee bit move from the drops on Mon-Tue-Wed. Price of oil also took a hit on Friday. I will take a wait and see stance in regards to movement in the indexes this coming week.

I see where people are contributing the drop in Genesis shares to their report issued last week. Actually, I thought it was pretty good. I can't explain for the big hit Northrock has taken. They do have a load of debt and the market is punishing those situated stocks. However, they will be bringing a huge amount of natural gas on board in 1999 and they should be able to service their debt.

Even with the depressed pricing in natural gas, I am still positive on NG producers.




To: AL R who wrote (6121)3/6/1999 2:14:00 AM
From: bill  Read Replies (1) | Respond to of 24892
 
I don't know if this is the correct thread to ask for advice on TRP.
I've been watching it fall steeply in price for some time. It still
does not seem to have bottomed. Yet it has one of the highest
dividends on the TSE. I've checked and according to the brokeage
reports the dividend is secure. It seems like a good buy. However,
it is being dumped. The OBV is terrible. According to the 10
year chart, the price could keep falling until it hits 15.00.
If dividend to price is an indication of market perception of risk
then there has to be some quite large built in risk that I'm
not recognizing. Can someone enlighten me?