GHP EXPLORATION Message Board

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Gold/Mining/Energy : GHP EXPLORATION

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To: Diamond Daze who wrote (34)	12/4/1998 9:32:00 AM
From: SpecMan	Read Replies (2) of 41

Don't know which of the partners you're in, but the ones I know about all have something interesting to offer in addition to this well. You might look at GHP though, its story looks good as a longer-term, contrarian play. It has some high-profile exploration projects in Egypt (and now Nigeria, via the Profco merger), plus good Gulf of Mexico development projects that are supposed to give it $500,000 to $1 million in cash flow by mid-1999. Paul Hayes at Yorkton released an update yesterday that gives GHP at 12-month target of $3.75. (Of course, that was its target for 1998, if I recall.) In general, if you want to buy a junior oil and gas company, this is the time to do it.

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