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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (5319)8/12/1998 3:09:00 PM
From: StockPro  Read Replies (1) of 24922
 
Is there anyone who is familiar with or can offer an opinion on GRP.ASE - Green River Petroleum? Oil and gas is not my usual specialty.

It popped up on my radar because of todays volume. Currently trading at $0.20-$0.21, Canaccord crossed 100,000 this morning at $0.18 and is bidding « a million more at $0.20 (plus another 200,000 bid by McDermid at the same price). They are JV'ed with Ultra Petroleum on a few wells in Wyoming? About 22 million shares out (per Canada StockWatch), and good cash position as of year-end Dec. 31 (as per financial report at SEDAR).
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