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Gold/Mining/Energy : Tusk Energy (TKE)

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To: Edward W. Richmond who wrote (1130)	7/20/1999 7:25:00 PM
From: kingfisher	Read Replies (1) of 1207

Ed, Veterans Resources keeps powering on news of this discovery in B.C.Market cap of $23 million. Tusk shares will remain at this level until after 27th.The recently announced financing due to close end of June is still open with lots of flow through shares available at .90cents. With the tax advantages a flow through share at .90 cents is equal to a common share at .80cents. The financing is expected to close on 27th. Actually it would be wise for Tusk to go with what they have on the books now,and if this latest discovery pans out issue more shares later at a much higher price,like about $1.50. Best Regards, Richard

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