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Gold/Mining/Energy : CAVELL ENERGY CORP { KVL TSE }
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To: Scott Mc who wrote (183)8/27/2002 12:18:58 AM
From: Braincramp  Read Replies (1) of 190
 
I guess we will find out if the gas plant was the way to go. They seem very confident that the wells they are going to drill will utilize the gas plant to full capacity. I believe that, they have a good record for not drilling dusters. How ever I do not like the fact that in their last go around they spent 20 mil and have nothing to show for it. Last years wells had an unusually high decline rate. I do however have a good feeling about what is going to happen.
Management has had alot of time to learn the ropes about this industry and I hope they will put their knowledge to good use. They have one more swing at the ball, lets hope they hit it out of the park. In my book three strikes and your out.

Good luck
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