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Gold/Mining/Energy : Basic Petroleum BPILF Guatamalan Pipeline

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To: bdusa1 who wrote (15)6/2/1997 8:02:00 PM
From: Theodore P.Schumm   of 30
 
Burton.....Absolutely none....I spoke with them about a week ago, and it is a done deal....everthing is in place for the deal to be executed as agreed to by the major stockholders of Basic as they contol a majority interest of the float....the only thing disturbing to me is that I still think the best for Basic was yet to come, and its not a pure play of that stock anymore even if you play the acquiring company ......Ted
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