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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Thomas F. Radcliffe who wrote (1997)11/14/1999 3:41:00 PM
From: TANTRAMAR   of 2306
 
Tom:
I agree with you, the Turner Valley area is certainly oil and gas country. I also agree there is no good reason why a drilling license will not be issued shortly. I think (IMHO) this play will be slower to develop due to lack of near by (within 10 miles) gas processing capacity and the regulatory scrutiny any additional development will get. I believe some of the delay we have experienced "may" be due to partners moving slowly and hoping to squeeze out the juniors as their cash reserves dry up.

Regards From Alberta
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