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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (3657)	9/9/1997 11:42:00 AM
From: Stocker	of 24939

Kerm / Upton Resources I have yet to discover any negative news on Upton that would explain its recent slide in stock price. Kerm, have you heard anything on the company's activities in the Midale area (not Gainsborough as I referred to in my previous post)? I caught the release yesterday regarding recent discoveries but no details were given. Seems strange to me that Upton has one of the largest short positions on the TSE of about 2.7 Million shares. Also, Berkley and Paramount have had recent runups in price but Upton has not followed. All this makes me think either there's opportunity brewing making now a good time to buy. Have you changed your view on the company?

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