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Gold/Mining/Energy : Fortune Petroleum (FPX)
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To: TD who wrote (101)9/11/1997 11:26:00 PM
From: TD   of 275
 
FPX Drilling for the rest of the year per tel con of 9-11-97

Spoke with John today. He sounded more up and excited than usual. He told me that the 3D shoot on La Rosa is about 30% complete and shows a massive strucure at about 9000 feet depth. He claims two wells will be drilled at East bayou sorrell and four will be drilled in La Rosa. He said he has bought stock at this level and filed the form 4. I asked if Ty was buying any and he said no, but that Dan Shaughnessy was also buying. John said if the geophysists is buying don't you think that is a good sign. So if you sift this down and look at the facts I still think this company has a long way to go. I trust that out of the next six drills that 50% will be productive. No response to my email yet. Angela may not answer since she will probably ask John if he spoke to me. I invite all to comment on my update vs., what they have been told recently etc.
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