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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)
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To: Tommy D who wrote (210)2/5/1998 1:13:00 AM
From: Dale Schwartzenhauer  Read Replies (1) of 2306
 
Volume has really picked up on these issues and prices are holding which is a good sign. We should get into the "meat" of this move as testing gets underway, which should be pretty soon. There isn't enough land left in Turner Valley for anyone else to assemble the block that our group has, so I think this is a minor issue. There are always some "donut" players looking to grab some leases and hitch their wagon, but they won't be the main operators in the area. That aspect has already been staked out by Esso & Berkley. The JCL's will emerge but they aren't to be taken seriously, IMHO.

Dale
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