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

To: AL R who wrote (6191)	3/20/1999 10:24:00 PM
From: bill	Respond to of 24892

Some posts back I asked if anyone knew why TRP has fallen so far so fast. Then I saw a brief comment in the G&M saying that the problem was competition coming with a new pipeline and American dollars. Today there was an article in the G&M called "Africa burns, Canada fiddles". Anyone with money in a company that has interests in Africa should read it. It gave me another part of the puzzle for TRP's precipitus slide. According to the author "TRP and Ocelot Int" have the multiBILLION (caps mine) dollar Songo Songo project. According to this author who used to be a Canadian diplomat responsible for commercial, trade, investment and develoment assistance in Africa, Canadian projects across Africa are at risk and may already have been shut down. As I know from the diamond threads many projects may be a write off. If Songo Songo goes up in flames the companies involved will take a terrible hit in terms of value.