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Gold/Mining/Energy : The New Osprey Limited

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To: Oinkle who wrote (215)	11/27/2001 5:48:17 PM
From: The Osprey	of 338

I agree.There may be a couple of pennies risk from here but the upside is huge.I will call the bottom at .45 and that is that.The top could be up in the 1.70 range in 60-90 days IMHO.The kicker will be if they get the remedial work on 36A completed by year end as the President said in the last news release.I presume to do it right they have to pull the pipe and set new pipe down to correct the problem once and for all.Then we will see a jump in production.I believe the release said it was producing 700Bbls and 1.5-2mmcf/day on 5/64th choke.The low choke was there as they suspected this problem.With the problem fixed once and for all they will be able to run it a little more agressively I suspect once it is cleaned up and the integrity of the remedial work is proven. The Osprey

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