Bearcat (BEA-C) & Stampede (STF-C) Message Board

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

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To: Bearcatbob who wrote (391)	3/6/1998 10:20:00 AM
From: Keith Minler	Read Replies (1) of 2306

Hey Bearcat The problem here is that the rights must be purchased and exercised prior to the April land auction. For sure there will be no news before that. (The assumption here is that STF & BEA want to raise money to buy more land) So to play you must buy a "pig in a poke" and hope that the oil is there in massive amounts. I have heard, and I forget where, that the news blackout is controlled by ESSO, who also do not want to see the price of the remaining land go through the roof. Which logically means the drilling results to date are at least very encouraging! Later Keith

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