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Gold/Mining/Energy : Parkcrest Explorations Ltd. - Discovery 4,116 BPD

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To: david bell who wrote (10)8/20/1997 9:59:00 PM
From: Ed Ajootian   of 94
 
David,

Can you see the money yet buddy?!

Nothing I like better than to have a stock I'm hyping charge along
much sooner and higher than all the naysayers thought it would.

Wondering if you ever jumped in on this. The Yorkton report is out
and they put a value of C$1.30 on PKC for every 25 million bbls. of oil ("mmbo")
they find down there. Hell, there could well be 25 mmbo just in the
first zone they tested in the Estero #1! And they are planning to test
the next higher two zones next month. Then in October/November they
drill the Estero #2, a low-risk development well which could ultimate
take the Palo Blanco up to 50 mmbo

Plus they have two exploratory targets lined up, each one of which
could have 10 -- 20 mmbo.

For anyone who hasn't bought yet, look for dips under $1.30 and then
be ready to roll.
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