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Gold/Mining/Energy : Canadian Microcaps

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To: Taikun who wrote (423)	2/4/2005 10:12:48 AM
From: Gulo	of 817

CWPC "several drill hole intersections grading better than 7% oil by weight" They say they have several drill holes grading better than 7%, but don't say how many holes don't. They only display one hole, presumably their best, showing decent grades over a 20' interval. I'm not impressed. If the other holes are even worse, I think it is premature to assume that they have any asset at all there, especially given that the rest of the industry already turned down the property. I don't like the way their property is presented. They seem to want to ignore data that doesn't suit their promotion, and emphasize the data that does. They also present irrelevant info as if it is meaningful (like the benzene info in evaluating their oil shale project). That, combined with their history, makes it hard to evaluate them. I'll watch from a distance for now. -g

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