Selkirk

selkirk

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Jul 16, 1999
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Dr. do not own the company and have not really followed it, however most of the comments I have heard have been positive.

trade below at 10X earnings, and is well run, the earnings should be around .86-.88 07 and will probably be in the .85-.90 range in 08.

in the short term not sure it will trade much past 8.50, it traded off yesterday, along with many other energy resource issues.

if the sell off continues you may be able to get it 5-10% cheaper....probably not 10%

TLM also went down 4%, when the market turns on oil and resource stocks these stocks can fall quickly and sharply.

base metal stocks are even worse. if the market sells off. long term GW should be a good investment along with many other in this area.

however sometimes in the summer these stocks can drift (lower), also oil is holding up well, however there has been news that I thought would drive it up higher.

so oil may correct.

thanks
selkirk
 

selkirk

Registered User
Forum Member
Jul 16, 1999
2,147
13
0
Canada
by the way long term, or 5 years, bullish on oil/gas. demand is rising and supply will have a hard time to keep pace.

thanks
selkirk
 
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