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Gold/Mining/Energy : gothic resources

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To: Patrick Lauder who wrote (128)	12/14/1998 4:22:00 PM
From: Ed Pakstas	Read Replies (1) of 299

Patrick... Ever shoot craps???... What are your chances of throwing a 7 or an 11???... Like I said before, I like this company for the value of it's current assets... At .43 she's under priced even without this play... I also like the fact that it's drilling within an area of 15 miles where there are some pretty large producing fields... If the East Lost Hills play can be estimated at 14 miles in length, why can't this one be part of one that may be of the same size... There is report out that estimate's this play to come in at somewhere between 200 and 700 billion cf...(I can't remember which firm put it out but the name started with an A)... I'm just cutting the numbers down and doing my own calculations... Even if it comes in at 50 billion this stock is worth some where around .80 to a buck... Still not a bad % gain from here... This puppy dropped on virtually no volume today...My guess is that it will do the same thing on the way up... ...ed

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