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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (4402)	1/7/1998 4:15:00 PM
From: CIMA	Read Replies (2) of 24927

Kerm, re Belair Energy: I spoke with Wayne Wilson ( V.P. Finance ) today requesting production and cashflow forecasts. He said the company is reluctant to make projections from fear of management being tarred and feathered should they fall short. He described an investment in Belair as being a bet on management. He put me through to Vic Luhowy ( Prez. ) and I'm meeting with him next Tuesday AM regarding forecasts. Anything specific you or anyone else wants asked?

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