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Gold/Mining/Energy : Redwood Energy Ltd. (RWD.V)

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To: Keith Utz who wrote (17)5/5/1999 12:42:00 PM
From: Grant Cash  Read Replies (2) of 34
 
Another Great e-mail on redwood:NATURAL GAS UPDATE: Redwood Energy Ltd.(V.RWD)- SMELL that Sweet Natural Gas..CASH!!! The shareholders in V.RWD continue to get price appreciation per share. WHY? Perhaps, the Company's JV partner, Canadian 88 (EEE on TSE),
SUCCESSFULLY completed its first 'WELL' at the Windy Point, WY.- Mission Canyon Formation. Unconfirmed reports reveals that this 'WELL's flow rates appear FANTASTIC! Redwood's management remains extremely tight-lip about the whole operation. However, Canadian 88's Top Executive, Greg Novell, spoke jubilantly about Windy Point but did not reveal any specifics at last weeks COPEC show in Toronto,
Ontario. The Company offers a nice tight stock structure of ONLY 2.5 million share float, NO debt, monthly increases in production revenue, strategic claims throughout North America, and proven management. SURLY, this operation catches the VALUE SEEKING investors. The positive external fundamentals in the Oil/Gas markets continue
to pull investors back into the natural gas investment sectors. Natural gas prices continue to move upward because of lags in new production and high demand. The low drill rig count in the US will place even higher impact on natural gas prices which are already at a
6 month high. REDWOOD remains STRONG with strength. These fundamentals and REDWOODS' ongoing impeccable operations FUEL the action in RWD's stock. Currently trading at $1.60cnd ....V.RWD remains undervalued. HOT ACTION! Redwood Energy Ltd. trades under the symbol V.RWD on the Vancouver Stock Exchange.
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GOOD STUFF HERE and of Course in Wyoming!!!!

GC

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