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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner
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To: Ed Ajootian who wrote (148)6/4/1998 3:36:00 PM
From: william m johnson  Read Replies (2) of 261
 
Ed,
We have all been enduring the downside of this stock for some time.
Believe me, now is not the time to sell off....you'll take a real beating.
I am heavy into all three stocks...HEC, PKC, and ROH. There doesn't appear to be any REASONABLE WAY OUT right now. I talked to Chuck Strain several days ago and he said he feels that the ESTERO is still a MUY GRANDE (350 million + discovery). Its so easy to get discouraged, especially in light of all of the controversy with the HEC financing/dilution plan. Hang in there my friend. The people who know how this is going to play out are saying STAY IN.
The Canacabre will be tested no later than November for a big year end deal. Chuck Strain is saying that that well is a great one also. Why don't you call him and talk with him about it. I am personally real pissed off at Faulkner for pursuing his own personal agenda. This is killing PKC and ROH, who are depending on the news to elevate their stocks, not to mention HEC which has seen the bottom fall out of its stock. There is something more to the silence by HEC than meets the eye. Now that the stock has been in the $4's all of the cheerleaders that bought in the $4's are starting to cry out also.
Hang in there pal...its coming back by yearend!
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