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Gold/Mining/Energy : Primeline Energy Holdings Inc. (PEH.V)

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To: ASI who wrote (36)8/25/1998 9:36:00 AM
From: ddl  Read Replies (1) of 58
 
Hi Jonathan; That was a very possitve release yesterday. In this market, there aren't too many issues who have to beat the clients back at the door! I guess I must add; if they aren't worried about that 37.5% other gas, why should I be?
But it is simply a letter of intent to perform evaluations on their options, but fast tracking is, it seems, in order.
On the other hand, it is not a concern for PEH and the investors as to what that 37.5% other gas is. If we are flowing 9.8 mmcfpd of pure gas, are there extraction costs that will have to be deducted from the cash flow in order to eliminate these other gases?
Thanks - denis
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