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Gold/Mining/Energy : Parkcrest Explorations Ltd. - Discovery 4,116 BPD

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To: david bell who wrote (32)11/16/1997 3:52:00 PM
From: Ed Ajootian  Read Replies (1) of 94
 
David,

Great to see you still have your eye on these guys. You may have a golden opportunity to get back into this thing at a bargain basement price after they announce whatever it is they say they are negotiating on (see recent news releases). My sense is that if it involves the issuance of new shares, no matter how valuable the new assets are, folks are gonna dump the stock because the new shares will dilute the effect of the Alcavaran play and that is all that folks are focused on right now.

As long as you keep your eye on the news and buy on the dip you should be in great shape. Because then they plan to go on a road show and get the big boys to buy in. Which they will now that this is no longer a one-trick pony and has an O&G superstar for its CEO.

Best of luck with Burner!
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