BPI Industries Ltd (BPR-VSE) Message Board

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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: WR61499 who wrote (44)	7/16/1997 11:35:00 PM
From: CLK	of 355

That is an excellent question. The obvious supposition would be that they will release a news bulletin saying that the permit is in place and that the logs show outstanding pressures in well # 1. We can wait 48 hours and find out and the fact that ERB has now joined the activity a bit suggests this interpretation. There has been alot more activity in SIR which they say was stirred up by the recent private placement. Perhaps SI has something to do with it. One thing is for sure from a technicians point of view the chart is starting to look like a breakout is imminent. Congratulations on your place in the contest with BPI. I truly believe that BPI will have great success and so will SIR and that Coal Bed Methane maybe the star investment for the juniors in the next 6 months. Anyone else want to comment on that concept, please join in. BPI,SIR and ERB are the only inexpensive coal bed methane plays I know of. All the rest are controlled by companies like Conoco, Amoco, Texaco etc. The picture is pretty clear and the thought that a buyout will eventually take place cannot be avoided. Increasing your position tomorrow at these prices is a no-brainer. I bought 5000 today at .45 cdn myself.

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