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Gold/Mining/Energy : Gateway Energy(GNRG)

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To: CLK who wrote (14)9/26/1997 6:41:00 AM
From: Bobby Yellin   of 77
 
I already feel quite dumb that I didn't buy Sir at its low...I watch
it every day...the issuance of options suggests they are seeing something for the future?
anyways back to gnrg...I feel like a one man/woman show
hopefully somebody with some knowledge of the industry will see this
and give some thoughts..
"the company acquired interests,primarily through joint venture arrangements in 60 systems. These systems comprise approximately
650 miles of pipeline and related facilities with a capacity of 954
million cubic feet per day."..In Texas it appears to own another 594
miles of 1 " to 4" pipeline...besides a lot of other things..
this sounds like an early play but there appears to be very little downside risk and a lot of future reward..
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