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Gold/Mining/Energy : TransAtlantic Petroleum Corp (TNP.U - was Profco)

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To: Bill Shugarue who wrote (146)12/20/1997 3:27:00 PM
From: MUDMAN  Read Replies (1) of 270
 
Bill:

What's the chance that Eurogas will have some definitive news before the new year? What do you think the chances are that PSO gets back up to a $2.00 handle? Seems like management has lost all confidence of its investor following. If the Eurogas well turns out dry, is PSO a dead duck? I would think they are running low on cash, and given the share price a financing at these levels would dilute the heck out of the stock. Is there ANY hope? Or is a sale CN$0.90 better than owning future wallpaper? Hate to be negative but hard to be but anything else with PSO right now. Thanks Mudman
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