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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 12.35-0.4%3:59 PM EST

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To: bill who wrote (311)3/19/1998 5:11:00 PM
From: Robert J. Mifsud  Read Replies (1) of 1288
 
Bill, just an assumption on my part.

I would think that it will take about 3 months to drill this well. That being the case there is a lot of time for traders to make money elsewhere and then come back into this play. I think we will trade in the C$1.50 to C$1.80 for the next several weeks. Hope I am wrong and the price jumps to C$2.00 next week. Time will tell.

RJM
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