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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)
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To: Chuck Rubin who wrote (2820)11/16/1998 6:06:00 PM
From: Scarlet  Read Replies (4) of 3335
 
If there are any historians on this thread, please turn back the clock approximately 10 or 11 years. You will remember that Epic signed a joint venture agreement with Canadian Hunter. The stock at that time was under $1.00. After the agreement was signed, the following, as I recall, took place:

1. The joint venture partners reviewed existing data;
2. They gathered new information, ie. by shooting seismic etc.;
3. And finally, a test well was drilled.

During the drilling of the test well the stock peaked at around 5 7/8.

Any sophisticated company would, imo, follow a similar pattern. Whether the stock reaches the same levels as before will be dependant on the market and the speed at which the events take place. In addition, when the market fully grasps what has taken place, (which I don't think it has) the price most certainly will go higher.

Scarlet
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