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Gold/Mining/Energy : International Rochester Energy Corp. (V. ROH)
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To: Don Crespino who wrote (142)4/13/1997 7:07:00 PM
From: Ed Ajootian   of 188
 
Don,

It is hard to keep up an interest in a stock like ROR with only a couple
of things going on. I still have my original stake and have no plans
to sell it unless and until I get more information about just what is
going on down there in Columbia.

I saw an update on Harken that Oppenheimer put out after the Estero well
and they said this field alone should end up to be at least 40 mmbo and
there are 2 other features in the Alcaveran contract area that look just
the same as the one they just drilled on paper. So you are looking at
total possible reserves of 125 -- 150 mmbo gross, or about $2.50 per
share net to ROR. Until this story gets out for ROR like it has for HEC
I'm just going to hunker down and forget I own the stock.

I'm holding my Parkcrest Explorations (the other company in on the
Estero) for the same reason.
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