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Gold/Mining/Energy : Hegco Canada Inc.
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To: okey who wrote (2155)4/7/2000 3:11:00 PM
From: JL  Read Replies (2) of 2316
 
<<And its not gloating, its drawing your attention to the fact you think the ELH play is bullshit. I think you need to re-think that thought. Its not over yet, and I mean that sincerely. I think 80% of Canada's O&G analysts are doing some to a lot of coverage on the play and no one has yet said run away from this project.>>

I appreciate the fact that you want to tell me what I think, okey. A far better way is to ask me. Your need to put words in my mouth is very typical of your manipulative and adolescent mind. Let's keep the record straight shall we.

For the record... I have never said that ELH is bullshit. I know that it is a difficult play with GREAT potential. I don't believe there has been a similar project with these kinds of pressures at these depths before. Let's face facts.

There was a serious accident at the very beginning with a very costly cleanup. There have been two wells drilled in the same formation since then that have not panned out. The stocks of those companies involved have cyclically been driven by speculation as each well nears or enters the logging stage. The wear and tear on the finances of those brave souls who have margined these stocks during each wave of speculation has been tremendous.

So... Take off "The Great Karnak" hat and allow me to speak for myself.

TIA
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