PRTI Message Board - Msg: 495238

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Gold/Mining/Energy : PRTI

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To: frank Smith who wrote (23)	11/28/1996 2:10:00 PM
From: Bruce McGaughey	of 424

I'm new here but I'll tell you what (I think) I know. Over on AOL, the PR person drops by and leaves posts. He promised he'd post last week. We haven't heard from him. He won't be back in town until Dec. 3rd. (????) I think there was a clause in the Erin contract that Erin could cancel after the 2nd well if they wanted. I may be mistaken here but I seem to recall that. The 2nd well should have been completed by now. PRTI is working on acquiring another company with a lot of producing wells in Ind. and Ky. That deal involves PRTI stock. Obviously, that deal is on hold while the stock is at these levels. Don't know what relevence that has to these low stock prices but that's something else I know. I, too, am thinking about picking up more at these levels but who knows about that Erin contract (?????). Only other thing I know is that this company has a heck of a gas pipeline in West Va. 50-100 miles long or something like that. That alone should keep this company afloat. I think it's a good stock but that Erin contract is the kicker and since we don't know if it will continue I'd say hold your cash until we get more news on it.

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