Westfort Energy Ltd. (WT-T) Message Board

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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)

WT 11.71

+1.1%

12:24 PM EST

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To: rampage who wrote (824)	7/18/1998 1:02:00 AM
From: M. Merriam	of 1288

Rampage, What do I think about the coming weeks? You know, early this morning, I was feeling slightly optimistic about Westfort. I was thinking, if it fell to the 1.00-1.50 range, that I might just pick up a few shares. I believed that there was probably some upward potential when the hole is completed. After hearing about Maedel's comments and reading that rebuttal, I agree that the trading story is a dead pony. Both Maedel and the rebuttal stopped my optimism dead in its tracks. Perhaps things are worse than even I had suspected. Or perhaps not. But the point is, who can tell? I think WT will soon have some more sunny day press releases. That was expected and is likely already priced into the market. What was unexpected is this new attack from a former supporter. I'm not sure that has been priced into the market yet. Having said that, I am still thinking of eventually picking up some shares in WT. Perhaps if the market cap goes below $10 million. What price would that be? How many shares are outstanding? I'll have to check. Mike

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