Canadian Partners in Project Ekho Message Board

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Gold/Mining/Energy : Canadian Partners in Project Ekho

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To: grayhairs who wrote (299)	10/30/2000 8:31:59 PM
From: Dale Schwartzenhauer	of 311

GH: Once again, I applaud your knowledge of all these well sites and who is doing what-where. I feel like I need a scorecard to keep track of the activity in TV. Yes, CWQ needs funds and they are limited. My own preference is to pursue the low-risk plays to build cash flow and a pattern of growth (30% - 50% annual revenue growth). Following that kind of development for a few years, I wouldn't mind a shot at a huge discovery well. For now though, I'm less concerned about making a big killing than getting killed. A target of CWQ at $1+ seem less probable than 0.20 - 0.30, at least in the next six months or so. That might not excite the typical resource investor, but I'm not overly concerned with that either. Best regards, Dale

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