Golden Arch Resources---GAI.V Message Board

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Gold/Mining/Energy : Golden Arch Resources---GAI.V

GAI 8.800

0.0%

Mar 22 5:00 PM EST

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To: CB. who wrote (222)	9/13/1997 6:30:00 PM
From: JR.	of 359

CB. The Linda prospect looks like a multizone lower risk target. Under full development it would appear that on the conservative side it would have the potential to produce 500 or 600 BBLS per day(gai's share) just out of the Red River zone.You can bet if the share price stays in this neighbourhood or heads lower the calculators will be coming out.At this level one makes an offer -winner take all!The first well is almost one third paid for. A few more months and the cash flow would cover carrying charges .Things may get interesting very soon$ Cheers, JR.

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