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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C)

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To: Sam who wrote (1866)3/12/1999 6:40:00 PM
From: Thomas F. Radcliffe  Read Replies (1) of 2306
 
Sam,

Although it has been about a week since you posted a message that
seemed like some good news, I thought you deserved at least a response. You must be relatively new as a BEA watcher/investor,
otherwise, you would know that BEA does not react positively to
positive news! I mean, over the last few months, we learned about
the large amounts of gas & oil they have in all those holes they drilled in the Turner valley and the high volume they could produce,
but the better it sounded, the lower the stock price went. Now, oil
futures have risen for three weeks in a row and stories about huge
future needs in the US for natural gas have come out and trading on BEA has nearly come to a stand still! So, you see, good news does not help BEA stock value.
However, I did just read that new environmental rules have just been
passed concerning all the horrific pollution produced from the flame
testing and general burn-off in the Turner Valley and that many wells
could very well be shut down, as a result. Now, this kind of news
could boost BEA $.10 to $ .15 Monday!.........TR
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