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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: Ed Ajootian who wrote (352)12/21/2001 12:16:39 AM
From: Ron Struthers   of 355
 
Hello Ed, sorry about not responding, haven't been over here in a couple months.

I expect the news release on Haliburton was adequate disclosure and there is nothing wrong with the PPs as far
as regulations go, agree there seems to be quite a few small PPs and there might be a better way to go.

Most of these energy stocks have had a tougher go, the market has come off a long way.

You probably now know why I take the approach of taking profits out and at least removing seed capital, you just never know how these things will go.

I am content to just hold free stock and see how it works out, Gas prices have to improve again and if BPR can prove up reserves in the mean time, they have an excellent location, things should work out. I expect we should see some news in the New Year

Ron
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