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Gold/Mining/Energy : WOLVERINE ENERGY (WVE.A) - Recommended in Buy Low, Sell Hi
WVE 9.040+8.9%Oct 31 9:30 AM EST

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To: B. Thomson who wrote (10)10/20/1997 10:01:00 PM
From: terry   of 37
 
Bob;
Thanks for the reply. I've been involved with WVE for about a year or so now. I would encourage you to view their website at wolverine-energy.com for all previous press releases which summarize a very active and successful drilling program. Pres/CEO Wayne Dowhaniuk is also very approachable and can be reached at 403-264-5727. I feel they are a very low key junior with their numbers doing the talking. With a little more PR, (they have an independently assessed gas reserve of 50 BILLION cu ft at the West Ghost River project - 100% wolverine - along with significant, growing presence in the Halkirk/Alliance area of Central Alberta), this stock could easily be $2+. They conservatively hope to exit '97 at 0.40 cash flow/share and it looks like they will easily achieve this.
A very good looking play in my opinion.

Terry
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