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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Jim P who wrote (212)2/5/1998 6:38:00 PM
From: Dale Schwartzenhauer  Read Replies (1) of 2306
 
I would think the flow testing should be earlier than that, perhaps even by this weekend if casing is completed. I believe STF's interests are half that of BEA with comparable shares outstanding. That accounts for the price difference. Also, FYI: the ratio between BEA and CWQ should be 3.27:1. BEA has 9 times the interest and 2.75 times the outstanding shares. If one compares today's close on BEA with the current bid on CWQ, you'll see that the latter is within a fraction of a cent of this relationship. That makes it very easy to track CWQ on this play relative to BEA. At today's close, the remaining holdings of CWQ are trading for C$0.01 per share. Most companies trade for $0.10 that have little or nothing, so this is a big discount for the additional holdings.

Dale
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