BPI Industries Ltd (BPR-VSE) Message Board

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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: Clifford A. Brown who wrote (210)	1/22/1999 6:31:00 AM
From: Francis R. Biscan Jr.	Read Replies (1) of 355

Morning Cliff, >>So any idea as to the size and timing of a deal?<< Nope....All I know is that this report was necessary for any major financing or JV. With this positive report now in hand, they intend to take the steps to put this project into production. Any company looking at this report, that is familiar with CBM, knows the gas is there and will make a "deal" accordingly. Resource numbers that are "proven" will come, as the production wells are put on line, and they flow for the necessary time period to allow that acreage to be considered proven. This would be just like Evergreen, who continues to add "proven" numbers as they increase production. evergreen-res.com Have a good day, Rich

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