Canadian oil and gas , base and precious have been victims of USA based hedge fund manipulations designed to force margin calls and capitulation selling. Look at the high flying US stocks, LNKD at 1300 times PE,, AMZN at 270 ( yet to ever make a profit ) and NFLX ( 600 times PE). The hedge funds are enjoying luring in people on these high flyers and crashing sectors which have value. The only way you win is to have the stomach and the capital to have a long holding period. LNKD will one day be at ten dollars. That would stil l be a PE of 50. Patience my freinds. The people want your shares at a STEAL price not a FAIR price.