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Gold/Mining/Energy : Cheap Oil and Mining Companies

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To: Ray Emery who wrote ()	4/23/1998 5:22:00 PM
From: TomKing	Read Replies (1) of 23

Jersey Petroleum Inc. JPI.V : Check Market Book Bid ratio versus offerings is about 8:1. Close to half a million shares have been mopped up on weakness in the last 45 days. Appears ready and is on the launch-pad. Jim Yates is President... yes, the very same one that brought Hycroft Resources online as a low cost gold producer in Nevada, peaking at $15/share. JPI currently has one very recent JV in Alberta/Montana with a small shell (High Plains Energy) company but is very close to signing off on JV # 2 with a recognizable Alberta company. Stay tuned and source out JPI on their own SI thread. Regards, Tom Corcoran Jersey Petroleum Inc. 1-800-283-3882

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