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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 12.40-1.2%Dec 26 9:30 AM EST
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To: floj who wrote (314)3/20/1998 7:24:00 PM
From: bill  Read Replies (1) of 1288
 
Another day of indecision. Low volume, price static. Most people
content to hold their positions for or against. Few feel the need
to sell but also few feel the need to buy. Fear and greed and low
ebb. 'Calm before the storm, perhaps?" FloJ, how is that triangle?
When I get a chance I'll look at the chart. Right now I'm caught up
in endless meetings. Work keeps getting in the way of pleasure.

If I remember correctly, WT said that once they got the permit, they
would begin drilling preparations immediately. They do have a
deadline. Three months from now is the third week of June. That
deadline, though, seems reasonably flexible. I think FloJ reported
that WT was going to take a month for prep work and two months for
the actual drilling.

A waiting game, I'm afraid. If the stock slides, I expect it will be
on very low voluem and some of us will look on it as an opportunity
to accumulate.
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