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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: RIK who wrote (6238)	4/1/1999 10:14:00 PM
From: HAZ	Read Replies (1) of 24892

Purcell / PEL Big volume today, 700,000 plus. Obviously some big money getting into this company. Some lucky investors and speculators already know the news on the Fort Liard well. The only question now is how big the find and reserves are going to be, the market has told us the news will be positive. Word should be on the street by next week, the company has disclose material information to the market. How can they explain the increase in average volume. I will personally call the TSE if no word by next Wednesday. Any projections on the stock price once the news is announced. I pick 3.50 + range. Good luck to all

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