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Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba
CCX 17.140.0%Sep 30 5:00 PM EST

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To: Jim Hitchie who wrote (151)5/22/1998 4:10:00 PM
From: igor  Read Replies (2) of 223
 
I agree that it is management's job to find oil not pump the stock.

However, when they say a press release is imminent and then don't release it, when they make statements on the telephone which apparently the regulators won't let them say publicly & when they give wildly different indications of what they have found, then shareholders have a right to be kept informed.

Would D & D issue a report recommending purchase if they were not given information from the company? Not likely. If they were given information why weren't shareholders given the same information?

As I said before, hopefully management is just a bit disorganized and harried, not deliberately giving selective information to different people.

igor
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