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Gold/Mining/Energy : Vulcan Minerals - C.VUL
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To: Buckey who wrote (390)10/21/2000 8:41:55 AM
From: Len Hynes   of 415
 
Buckey;
We're up more than 100% since the days of .13 cent stock a week or so ago.Luckily, I bought a bunch of it at $.12 and$.13 cents then...and still holding.I am not pumping here, because I feel that over the next one to three month's Vulcan will look cheap at todays price.

Read my post to buckeyejay on Stockhouse..or to jerryjanko on this thread ...several days ago....you will get a better feel as to what I mean.

It's been a long time coming, but I firmly believe that "the ducks are finally lined up" for Vulcan.The West Coast is on the cusp of becoming a hot oil exploration play.When the major oil companies jump in here, the rally will sizzle.Vulcan is in the enviable position of owning the largest offshore acreage off Nfld. shores.

Add to this their Flat Bay permit where previous drilling has shown significant oil shows, including live oil in the drilling fluids.Vulcan is preparing for a further drill program to go deeper to test the Ordivician target this time as well.

Buckey, I know you have been a shareholder in the past, and you may continue to be...keep this one on your radar screen.
As you know, I hold a large position...and I have been accumulating for quite some time.Hopefully, my patience will be well rewarded over the next several months.

Have a good weekend.

Len
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