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Gold/Mining/Energy : Tusk Energy (TKE)

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To: grayhairs who wrote (799)8/26/1998 7:59:00 PM
From: kingfisher  Read Replies (3) of 1207
 
Easy...Easy now.. Grayhairs,we witnessed quite a few postings ago how you put away Mike M.Cubrilo.I must remind you that his reincarnate" RIK" belongs in the featherweight division.
I am still laughing over insinuations that this play is being "hyped"

Grayhairs, if you are hyping this play you certainly are doing a lousy job<ggg>.I mean Tusk trading at $1.12!You need to take lessons from whats his name over at Nesbitt Burns who was hyping Bre-X.If I am not mistaken Bre-X at its peak had a market cap of $4billion or so.
In comparison Tusk has a market cap fully diluted of $13million Canadian pesos.Tusk is certainly no Bre-X.

We are only a few weeks away from getting more info on Strachan,and let the cards unfold as they should..The drill bit churned through the equivalent of 15bcf of gas and that was not enough gas for Apache to declare "tight hole status".There had to be many meters of pay below the Leduc for Apache to have confidential status implemented.
I continue to believe that the Strachan play has a lot of potential and look forward to many more of your posts.

It is my opinion that Apache dealing with 7 Canadian partners for a 17.5% interest at Strachan is more trouble than its worth.This can not jive with their corporate criteria.They are better off pursuing a 100% interest in another high impact play .Not to discredit a rumored 400 bcf discovery mind you,but for Apache 17.5% of this well will not have much of an impact on their share price.
Have a great evening,
Richard
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