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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner
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To: Arktic who wrote (147)6/2/1998 8:07:00 PM
From: Ed Ajootian  Read Replies (2) of 261
 
Paul,

I'm afraid I'm incapable of rising over the despair.

It is very dificult to calculate values now given that they moved just 400 meters away from the first well and appear to have already found the edge of the field.

If the HEC theory is right about this being a stratigraphic trap rather than a fault block, then it likely will be a monster and this stock will be a ten-bagger. But I don't particularly want to hang around the required six months, at least with as much money as I now have in the stock, waiting to find out the answer to that crap shoot.

I've been trimming both positions and expect to accelerate the ROH sales now that there are some big buyers showing up.
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