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Gold/Mining/Energy : Vulcan Minerals - C.VUL

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To: CIMA who wrote (210)5/27/1999 4:50:00 PM
From: Len Hynes  Read Replies (2) of 415
 
Hi CIMA;
I guess we are going to have to depend on Vulcan (VUL-A) to make the discovery that we had been betting on with Pan Canadian.At least we know that Vulcan will be drilling a well on the property where the Company has already encountered ~50 ft. of petroleum bearing conglomerate.This time around I would expect Vulcan to drill much deeper in order to determine the thickness of this zone as well as flow rates. It's not over till the fat lady sings.Hang in there;we should hear any day now that Vulcan has its drill permit.
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