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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: junglejims who wrote (1591)8/14/1998 1:10:00 PM
From: Leigh McBain  Read Replies (2) of 2011
 
Radarluv - if you are talking about the news that we are cease-traded then I agree wholeheartedly, it does suck. If you are referring to the company's NR then I was wondering if you could elaborate on your position.

Chuck - make sure don't breath any fumes, my friend, bad for your health. As far as the cease-trade is concerned I was talking it over with a friend and he had a very valid point. The BCSC is likely to have cease-traded the company BECAUSE of the NR. In the NR it was stated that the EOY was done and the Q1 was coming. The BCSC may have wanted to ensure that no funny stuff could go on before they were both filed and public.

Kevin - I do as much as I can, as far as staying in touch with the company, and they aren't telling us much. There were some basic semi-normal delays earlier on but why it took this long I am not sure. Speculation would suggest that it is related to all of the dealings with JV's, potential sale of some (or all) of Taylor Rigs, the Alamo deal, etc. I am NOT trying to justify the result here, just trying to explain what I can (which isn't really that much)

Take care all.

Salut,
Leigh McBain
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