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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: Lalit Jain who wrote (161)5/29/1998 2:23:00 AM
From: Jim Hitchie  Read Replies (2) of 223
 
More news should be coming on Cuban oil exploration as Beau Canada completes deal with Genoil and news is released on their drilling schedule. Since their blocks are adjacent to CCX's and CCX has a 25% interest in MacDonald Oil (their block is #22 which also ties onto the GNOL blocks) this whole region will continue to generate news and any success in their drilling programs will have an additional positive effect on Cubacan.
As for why the stock is at .40 when you can see a value of at least $1.75 based on this field alone.....???????
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