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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock
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To: Leigh McBain who wrote (1813)3/10/1999 7:01:00 PM
From: R. Thomas  Read Replies (1) of 2011
 
Leigh....silence truly can be deafening! Or thunderous? In any event, I had heard similar things about the pending business, that they were stalling until June. Also heard that Oscar Taylor is still pushing hard to regain a controlling interest in Taylor, and not sure how I feel about that, or how it would impact us. On one hand, I almost wonder if the delay of information that is occurring on the Taylor Rig side is due to his wanting to buy back the interest cheaply and dearly. The poor stock price and lack of information seem to track along well, and I wouldn't be overly motivated to make the picture seem great if I was wanting to buy a controlling interest. Kind of like buying a car and telling the dealer he was way cheaper than everybody else, did he want to raise the price?

It would also seem that he would be way motivated once he owned a controlling interest again. Bottom line, I am still very wary of him buying any interest back unless the price is right and there are other prospects clearly ready to go. Not that they are probably very interested in my concerns at this point. Heck, I never even got any of the materials for the annual meeting, or anything, and I own well over 100k shares. Other companies seem much better at keeping me abreast of these things. Go figure. All I can do is wait it out and help for good news soon!
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