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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)
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To: Spiney who wrote (197)1/20/1999 9:46:00 PM
From: G.T.  Read Replies (1) of 355
 
Hi Guy's
Most people under water in this one. Seems like classic buy on rumor sell on news. Most people are turned off due to two year wait for results. The resource is speculative but coal beds are very uniform and these results should easily hold up for the whole seam. Flow rates look to be on the low side, but economic.
With most people disinterested in the oil and gas sector it will take a financing deal to develop this property to move the stock higher and overcome peoples and my current skepticism of management.
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