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Gold/Mining/Energy : Olympic Resources ORL:VSE

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To: knight who wrote (4)10/31/1999 11:25:00 AM
From: burner   of 95
 
I heard Olympic and the East Lost Hills area play mentioned on Michael Campbell's "Money Talks" yesterday morning. The show is syndicated and has an audience in major Canadian cities.
The caller asked about Olympic and the ELH in general and the guest analyst, Richard Albo,(sp) responded that he liked the play very much. He didn't respond specifically to Olympic but did say that the best way to play Oil & Gas right now is thru Jrs. who have a piece of this play and other properties to broaden their exposure. He seemed to be familiar with the ELH as he mentioned the blowout of last year and the huge potential of the area. I think he even used the word "exciting". I don't remember much of the rest of the commentary as I was in the car looking for a parking spot at the time but it was certainly interesting to hear Olympic mentioned.
My understanding of what might be going on with ORL is that they may be looking for even more property in the area. I have seen elsewhere that they have hit on a shallow well and are working on 3 or 4 others. I hope to make a call to the company some day in the next week to seek some info. Any questions anyone would like asked?
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