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Gold/Mining/Energy : OEL.V Osprey Energy Limited

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To: Big Shorty who wrote (575)10/20/2000 3:35:16 PM
From: The Osprey  Read Replies (3) of 1134
 
jimc---I am on the bid at 1.05 via GP house 18 for a few more shares of this little baby as I personally feel it is way undervalued.I also am hearing that as soon as the VSE approves the final engineering report on the Cotton Valley acquisition that there will be a press release which I am hearing will include discounted reserves, cash flows and production.The exchange has had the engineers report since the tuesday after the long week-end and that is the hold up.In the meantime someone is trying to sell it down by hitting the bid with jitney selling or that is what I am told and this is being followed up on.

The Osprey

I think it is prudent for me to re-mention that the last financing and the debenture financing was done at 1.00 and that the warrants on the 1.00 pp financing have a half warrant attached at 1.25 for 2 half warrants so up to 1.50 is very cheap IMHO and I have only been following this for over 2 years......LOL
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