25,740' WINFIELD RANCH JV PARTNERS Message Board

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Gold/Mining/Energy : 25,740' WINFIELD RANCH JV PARTNERS

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To: LowtherAcademy who wrote (1321)	6/4/2001 5:11:50 PM
From: LowtherAcademy	Read Replies (1) of 1326

I spoke with THE this AM. The rumor regarding expected TD on Sunday was incorrect. They had about 300' to go, drilling was going faster, but, they were tripping on Friday for the last bit change. TD is expected this week. Since the well needs to be completed and tested before the rig moves, it should be interesting to see how the negotiation for a settlement takes shape. I would expect completion to happen immediately, even if there is no settlement and it moves on to trial. Seems that a lot of small investors in Canada took a flier on Friday with the hopes that they could make some easy money before they had to cover. This, I believe, is the reason for lots of little sells today. JMHO. Lew

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