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Gold/Mining/Energy : Fortune Petroleum (FPX)
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To: Joseph T. Worley who wrote (125)11/10/1997 10:41:00 AM
From: TD  Read Replies (1) of 275
 
FPX more info, jc has indicated to me that he feels stock could get to the five range with 4-5 shallow successes. This of course makes perfect sense because cfps with five successes could be as high as .50 cfps anually so that would add $2.50 per share price. If we hit some of the deeper targets we should get even more cash flow per share! 1998 should be an exciting year for fpx shareholders, if we have 50% success with 24-30 projects scheduled over the next twelve months or so it should be good times. Any news on company please post. Thanks joe TD
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