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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (731)	10/30/1996 1:07:00 AM
From: Richard Saunders	of 24936

Kerm/ Not familiar with Enterprise Development. Draig info. is stashed and not at fingertips...... company sent out a mailing a couple of months ago saying that they felt co. was worth more on NAV basis than what market was valuing it (price at time was mid $0.20 range). I believe company also has a share purchase plan in place but am unsure if any buys have been made in mkt. - apologies for vague response, in midst of renovation mode = lots of boxes & sawdust.......... Kerm, sent you a couple of followups on High Point.

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