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Gold/Mining/Energy : CDN. MOMO PUPPIES
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To: Ed Pakstas who wrote (11216)10/12/1999 2:49:00 PM
From: The Osprey  Read Replies (1) of 36688
 
Boy there sure is some riding on coattails regarding that 40 acres isn't there......Looking at a few of those companies especially NEC.A....That has been at .05 and then the huses buy it up and bam.....it is at bid .25 ask .40....
I guess the way to look at this play is one of two ways:

1) They drill as a consortium if they can find the money and we are looking at a year or two on long term holds.

2) They see the other BKP consortium come in and then are bought out by one of the players.My guess would be BKP.T

As a group it would behoove us to do some DD on the JV partners and find the one with the most leverage to the play with the greatest potential upside and least amount of manipulation by tye houses.

FWIW
The Osprey
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