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Gold/Mining/Energy : Tusk Energy (TKE)
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To: grayhairs who wrote (817)9/1/1998 12:48:00 AM
From: RIK  Read Replies (1) of 1207
 
grayhairs , grayhairs , grayhairs

1) Obviously you should take all of the press releases, your wishful thinking and your personal field observations down to your local consulting engineering firm so that you can be re-introduced to the real world . NAV's are not calculated based on wishful thinking ; they are based on facts from which reasonable assumptions are made...... you have not presented any facts !
2) You have assumed that I have a problem with engineers .........I don't ......I have a problem with people who intentionally mislead other people .
3) The original seismic anomaly .....I am surprised that you would bring that up ( and you are "pussled" ) ......as you may or may not know , the original anomaly was considerably less than 3 sections in areal extent . You and your buddies have suggested that the deep 'discovery' covers an area many times this size .[presumably to generate a reserve figure comparable with the initial Leduc expectations ; as you know, no secondary objective could match the vertical pay section of the Leduc.].
4) FWIW the original seismic anomaly is pretty well confined to the original earning block.
5) Since we are 'doing' small talk , why don't you tell us why the Roberts Bay - Loon deal 'crashed and burned'. If LEY has the potential that you indicated in post #421 on the Dalton thread , why would the RBR shareholders walk from the deal ? MAYBE they know something that you / we don't ! Is LEY still examining its legal alternatives ? Why would LEY want to dilute their stock if they are sitting on a HUGE discovery ? What about TKE and RBR having a director in common.......in your post #578 (this thread ) you indicated that this transaction would be a very positive event in view of this relationship.....what ya think now SLICK ?
6) With respect to your trading positions .......I JUST DO NOT BELIEVE ANYTHING YOU SAY!!!!
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