Fortune Petroleum (FPX) Message Board

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Gold/Mining/Energy : Fortune Petroleum (FPX)

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To: Bob (Hijacked) who wrote (71)	8/19/1997 10:31:00 PM
From: TD	of 275

Bob, read my message to cmg I still beleive in fpx but it is getting harder every day. The buy back is for those who hold less than 100 shares of the company it only amounts to about $40,000 so it just gets themoff the books and keeps the companies expenses down from having to send out the anual report proxies etc. I should also mention that I spoke with Evertt Titus who is another analyst that follows fortune, and he is rather unhappy with the company to say the least. Since no discoveries have been made with zydeco he feels that fortune picked a bad partner. He does think the two additional wells at EBS will help. He also stated that he thinks that the la rosa wells will produce a pop in the stock price. It will be very interesting to see where this company is in a year or so. td

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