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Gold/Mining/Energy : TOFF - Tatham Off-shore is surging...

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To: scott ross who wrote (39)5/2/1997 10:48:00 PM
From: M.Hicks   of 67
 
I believe the well in question is the Garden Banks Block 117, No. 2.
Back in December there was news about the first results from drilling operations. All that talk about "pay" and "sand" didn't tell me anything, so I called Investor Relations and was assured that it meant "good" news.

There was supposed to be additional drilling into a deeper pocket which was under this particular discovery, but I have seen no news released about those results.

Today I put in another call to Investor Relations, but the person I needed to speak with was out and hopefully will return my call Monday. I will post what I find out at that time.

I got into this stock almost two years ago, and it hasn't done a whole lot since. Paine Webber had it listed as "attractive" back then, but it isn't worth waiting this long on a couple of thousand dollars. It has just kept my money tied up too long.

Oh yes....I see we closed today at.....what else......5/8!!!!!! This stock has more reliable support than a "Wonder-Bra".

Mike
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