Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba Message Board

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Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba

CCX 17.14

0.0%

Sep 30 5:00 PM EST

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To: igor who wrote (150)	5/22/1998 3:06:00 PM
From: Jim Hitchie	Read Replies (2) of 223

A research report from Dominick & Dominick Securities should be out this week...recommends purchase of the stock. Once you decide that a company warrants purchase of their stock, you have to then let management do their job. Management's job in this case is not to generate news every day to try to get the stock to go up. They are in Cuba to find oil....to do that they will have to drill wells, raise money and look to find farm-in partners. Let them do that....If they have found oil as they believe they have, you know as well as I do that the stock will soon take care of itself. Annual report has just been released...should be posted on their web site shortly.

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