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Gold/Mining/Energy : Junior Oil & Gas
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To: Winzer who wrote (9)4/5/1997 2:55:00 AM
From: Liz   of 42
 
Winzer-

I can see this stock going to at least a $1.00 and probably higher. I hear Yorkton is working on a Special Warrant offering at $0.60 for around $2million. I've also heard that if they sign with Idemitsu Yorkton will finance higher. ($2-3 .... even in these market conditions) The concession off shore N.Vietnam was looked at by Mobil and may have possible reserves of 2 Billion!! Mobil passed saying they were looking for 5-20 B barrels. Could be interesting - the company has never gone to the market for equity financing -no cheap stock out there. Watch it this summer. My prediction (conservative) is a double by July 1! ($1.20)

Liz
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