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Gold/Mining/Energy : NP Energy Cp New

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To: J. Nelson who wrote (15301)3/18/1999 3:57:00 PM
From: Ken Sammut  Read Replies (2) of 22810
 
>>>Ken: Will you re-think that one more time? 3 years ago what was the o/s issue? what did they say that they held in projects? what happend to eveyone of them? how much money was made on each project? why did the outstanding issue double? What was done with the projects given to FIRE? How much will NPEC have to pay to buy back the holdings that were given to FIRE? just some questions for more 3 year DD. on topic.>>>

Jim,

You do not understand. All of that does not matter now if they have the goods. The price will move on the belief the company now has its act together. I am not saying this is going to a $1.00 but I think it will go higher and that is good enough for me. You and several of the old-timers need this thing to really run. For your sake, I hope MDIN has a huge find and is offered $500M or more. Maybe then you will break even.

The outstanding shares do not bother me. It would if this was going to be a core holding but it is only a speculative play. My calculations in my next to last post assumed NPEC has 100M shares outstanding.

Ken
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