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Gold/Mining/Energy : mxp (mesa Inc)

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To: kvcw74a@prodigy.com who wrote (198)	3/8/1997 2:02:00 AM
From: Bagladdy	of 394

Rose, I have been into Mesa for over two years now. Living in Dallas and knowing about RR and his tract record with his other interests has made me a big time believer in Mesa. I own both common and PR-A. I don't know about it reaching $12.00 in '97. This quarter was good, but so were NG prices. Hell, if the prices had been this good for the last four years BP would still be in the saddle. Those prices are way down now, so next quarter may or may not be as good. The recent purchases could make a difference, but I don't have a feel for that as of yet. I think that the recent pullback is an indicator of the forthcoming Qtr. Long term=appreciation; and the new CEO is a Good-Ol-Boy with big ideas, the right contacts and the absolute know how. I'm in for the long haul. Good luck to us all. CD

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