SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 11.88+1.4%Nov 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AL Berta who wrote (1220)3/13/1999 11:20:00 AM
From: fern1  Read Replies (1) of 1288
 
I understand the van. guys are walking a fine line. Trying to get the co. financed yet not diluting the stock or loading it up with debt. But there has been so much expectation built up for a norphlet well that i'm afraid that if financing is arranged for just hostins then the market may be disappointed.

After all this co. was represented as an emerging mid size producer, upon successful completion of a norphlet. I have no doubt that in time they will do this. Its best sooner rather than later. After all if you wanted a good return in the oil and gas sector without the risk there are royalty trusts out there yielding 20-30%.

We assumed the risk of norphlet. Its time to produce one to back up the technical data they where only to pleased to release from their first attempt.

Regards Fern1
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext