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Gold/Mining/Energy : Raptor Capital Corporation

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To: J.C. who wrote (227)	2/17/1999 1:21:00 PM
From: justaninvestor	of 355

JC .. In defense of the company, I think they were about to release some news a couple of weeks ago, but another development popped up which, according to IR, is a significant material change and they wanted to group that news with the Joffre update. They also hope to have some news soon after about the acquisition of some more gas properties from several mid-size oil and gas producers. I'm sure that we're all frustrated when we see the stock surge to 35 cents and then fall back to 20 cents. My feeling is that the company believes that with the upcoming PRs, there should be a more stable "northward" trend, not the quick rise and crash that we've seen the past month.

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