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: Keith Minler who wrote (395)	3/6/1998 10:36:00 AM
From: Jim P	Read Replies (3) of 2306

Hi Keith, I heard a while ago that any decisions to purchase more land would be made by Esso and Berkley. I suspect both these companies would have the funds to purchase land in April. Theoretically they could purchase the land on behalf of BEA-STF. Positive results(assuming they are positive) released after these land purchases would cause a surge in price for BEA-STF resulting in the exercising of the warrants(not to be confused with the rights). BEA-STF could at that point make their contribution towards the land deals. Still does not help in answering whether one should exercise the rights at a premium to acquire the warrants. Jim P We need a leak.

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