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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (1870)3/14/1999 10:55:00 AM
From: Tommy D  Respond to of 2306
 
What we need is a sustained move in the price of oil and a return in value for the larger Canadian oil/gas companies. For example. Talisman has moved up 30% in the last week or so but is still only 60% of it high from a few years ago. I think people have to recover on their core investments before the speculative or junior stocks will move. Also, the recent problems with Blue Range also make people step back and take a second look. The good news I think is that we seem to have bottomed and if the world producers stick to their agreement, $18 oil or better is very feasible in the near future. May not be good for the overall market (re. inflation) but should be good for us. Time will tell.

Regards TommyD



To: Sam who wrote (1870)3/14/1999 12:41:00 PM
From: Bearcatbob  Read Replies (1) | Respond to of 2306
 
Sam, Sunday Musings - Bearcats play Temple at 2:15 so nothing else matters!

The storm is going south of Cleveland and I see it is going to hit Washington D. C. Perhaps that will keep them occupied and out of my pocket for a few days. Perhaps the best thing about Monica was that nothing got done that would have cost us money. One of my Canadian friends lamented the paralysis of government in the states - I said it was great - and reminded him of Ben Franklins statement that no man's fortune was safe while the legislature was in seession. Amen