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Gold/Mining/Energy : Red Sea Oil Corporation (RSO)

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To: Donald Lickman who wrote (43)12/23/1997 12:04:00 AM
From: Timelord  Read Replies (1) of 332
 
Donald: See my summary of the NY conference call with IPC/Sands executives this morning, posted on the IPC thread:

Message 3027972

They did not speculate on reserve numbers, but are very bullish on the potential for this prospect. We should know within 30 days what this well has in store. True valuation of reserves will take more deliniation wells to establish.

Alex
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