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Gold/Mining/Energy : TransAtlantic Petroleum Corp (TNP.U - was Profco)
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To: Bill Shugarue who wrote (85)11/11/1997 11:12:00 PM
From: Tom Cat   of 270
 
Bill, actually, I did not think that Profco was the worst buy, in fact I think you are probably right in terms of a safe net, I do agree that TSY and CDD are merely shells that could fall hard but I would not put WDM in the same category, WDM was trading at 1.50 just recently and I see a very good support level at 60-70 cents range (60 cents is the 52 week low), the advantage I see in WDM over Profco is that WDM will start new hole in California this month, this would keep the speculation up and alive.....overall It seems that WDM is still lagging behind the rest because the lack of promotion....TSY seem the one with the largest promo machine behind it....
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