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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: George Mousis who wrote (2011)	1/16/1997 11:21:00 PM
From: Richard Saunders	of 24922

George/ Kerm's the guru with this stock. There was some great research work posted re: the stock about 1600 replies ago - at one time the stock was in the TOP 20. Kerm removed the stock from the list just prior to release of the 3Q numbers. Altamira Funds hold in excess of 10% of the shares & believe they entered into the stock in late Oct/Nov. at somewheres around $4.50. Company does have quite an inventory of prospects in SE Sask. although some would say that they stumbled with last year's emphasis on the horizontal drilling program. Richland wells seem to have experienced a fairly rapid production decline and the net result has been more-or-less an even type of year - growth never really materialized. I currently hold a small position in RLP.A although have sold some shares within the past couple of weeks to raise some cash. For whatever it's worth, Frank McEachern (Oil Letter) does not hold RLP.A in high regard................ Check back through the archives on this thread & you should find quite alot of useful information. Hope this helps..........

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