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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: fivedollar who wrote (3732)9/21/1997 8:02:00 AM
From: Kerm Yerman   of 24938
 
Five Dollar / Master Downhole Canada Inc

No, I do not follow the company for I was unaware of it. I'll toss the
question back to you - do you or anyone else here follow the company?
I have some questions, but first review the following.

Reference: Master Downhole Canada Inc. Announces Operating Results

CALGARY, ALBERTA--Master Downhole Canada Inc. (MDH.A) is pleased to
announce the following:

1. The company's operating results for the nine months ended February
28, 1997 were as follows:

First Second Third
Quarter Quarter Quarter

Revenue $729,385 $1,910,790 $3,026,237
Gross Profit $303,127 $ 919,166 $1,562,603
Net Profit $ 48,426 $ 430,112 $ 649,934
Cash Flow $126,478 $ 586,218 $ 884,093

Question: Are these individual quarter results or accumilative
numbers? In other words, is $5,666,412 total 9-month revenue or, is
it $3,026,237.

Third quarter results were for period ending February 1997 and reported
on May 14th. Do you know reason why annual report has taken so long to
release?

Are you aware who competition is and what marketshare MDH has in Canada?

Is Bowridge (BOW/TSE) a competitor?

Any idea of what revenue and earnings will be for the year and how
does Wenzel fit into the picture.

Any other insight would be interesting to me.

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