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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: routzm who wrote (1205)2/2/1998 8:19:00 PM
From: Leigh McBain  Read Replies (2) of 2011
 
Well, a little up, a little down, a little sideways. We are definitely seeing volume that is recently unfamiliar though. If it flattens here, the odds of the .80 warrants being fully exercised certainly diminishes. I guess we'll wait and see what the week brings.

It was nice to see the report go out, and have an impact, with not much more than a well rounded summary of the business at hand. The $28M in revenue is certainly not yet reality, however, the roadway to achieving it appears to be realistic. The next step is to get some conclusive feedback about how much of the tendered business, that was just announced, is actually acquired.

Still looking for the new listing too, there is no doubt that the Vancouver exchange is not the optimal venue for this type of company. Nor is it the optimal venue for a company whose entire operating structure lies thousands of miles away.

Salut,
Leigh McBain
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