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Gold/Mining/Energy : Creston Resources (CSTJ )
CSTJ 0.00Oct 31 5:00 PM EST

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From: Larry Dambra10/4/2004 7:50:24 AM
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Spoke with IR on Friday. They've posted info on the web site regarding the current projects and their leasholds in the area at homelandgasandoil.com

IR guy told me that prospects look good. Three wells are online, and they hope to continue with one new well a month over the next several years. Each well can potentially net $1M/annum after it's online.

Debt is less that $500K and they've got access to an additional $1M. They don't think they need it because they can self fund the new wells with existing cash flow!

Larry
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