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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)
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To: WR61499 who wrote (54)7/20/1997 12:33:00 PM
From: CLK   of 355
 
Within the next 12-18 months for that target and I see 10 dollars by 24-36 months or higher. I see the 1-2 dollar target at a 90 day target. If you want longer term prediction I can see 50 dollars once Bellingham is the main energy supplier for Seattle and with Turkey developed and producing. This will take as long as 10 years. Have fun with the numbers some day and it will amaze you. (Every 45000 acres has an in the ground value of 300 million. SIR has a 40% interest. Turkey has an equivalent value as a rough estimate and 250,000 acres. They can probably at a minimum double or triple the size of their Washington land holdings. Costs to the company can be minimized by a JV with a major while holding onto say half of the value for the company, Cogeneration of electricity and gas storage will add to the value of the play in Washington. Success breeds more success and there are only 3 coal bed methane plays to invest in which will concentrate buying for all investors in those three when coal bed methane gets hot. (SIR,ERB and BPI) GO FIGURE!
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