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Gold/Mining/Energy : Winspear Resources
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To: Paul Bilecki who wrote (25594)3/13/2000 10:26:00 PM
From: The Fix   of 26850
 
OT....fIXER Hyping/Spamming BVX.

Paul....Here's a brief history of BVX.

In the mid 90's when Bow Valley Industries sold the Canadian Oil and Gas Assets to Talisman, They rolled the Foreign Assets (North Sea, Iran and France) into a Shell. That shell being BVX today. The Company has Zilch production currently. Come late May, They'll have over 1200 BBLS/D tied in of North Brent. Come Later this year they'll have over 4000 BBLS/D of of the Kyle Field (North Sea). Early next year the other Noeth Sea field Chestnut will come on Stream which will add approx 6000 BBLS/D....With the Kyle that will be approx. 10,000 BBLS/D. In Iran the Balal field is being developed with Elf out of France. It's a 50/50 partnership. Balal will produce of 22,000 BBL/D to start, which will come on stream late 2001. That's approx. 21,000 BBLS/D to BVX come Late 2001.

Add in the fact that Doc Seamans is at the helm and owns about 35% of the company. Seamans and DeBoni are winners from Bow Vally Industries....So raising Capital is no problemo. Factor in that Crude is $30 plus. Iran is becoming more Westernalized. BVX has only one place to go.....And it ain't South. I'm rolling some AXO profits into BVX in the next few weeks. This puppy will really move come early May. I'm buying all I can at these levels.

fIXER
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