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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: B. Thomson who wrote (3060)	7/8/1999 10:15:00 AM
From: CLK	Read Replies (1) of 3335

I have 50000 shares at this point. At one point I had 335000 shares. As for recovering our investments, it depends on how high it goes and on what price one pays and on, as you put it, how deeply in you are. You can only lose what you put in but you can only make relative to the size of your share position. I agree with Jess that the fundamentals remain strong. The problem is that the treasury does dwindle over time. Still I believe good news is coming sooner rather than later as I believe the management shift was a significant positive in the Kerr and Sinclair are both very capable. I also believe that Steve Papajohn is an undervalued asset. So I believe the bet is both on the capabilities of the scientific team and on the ability to acquire the land and on the storage and gas capacity of the sands and coals, all of which have great promise. The promotion, except for the web page, has been weak lately. I think they are waiting for solid news.

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