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Gold/Mining/Energy : International Rochester Energy Corp. (V. ROH)

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To: T.Martin who wrote (79)3/13/1997 9:12:00 PM
From: Brad Danchuk   of 188
 
Mr. Martin et al:

No question in my mind that they hit, it's just a matter of how much.
Why?? If the hole was dry we should have heard by now, and just look
at the way the stock is trading. There is huge volume every day
whereas if they missed the stock would have tanked and be in the
30-40 cent range.

Yes, there's oil there and as soon as HEC confirms it (I hope next
week), the stock should blast through $1, tearing through the
Canaccord paper along the way.

Just an aside, but those who think Canaccord is holding back this
stock needs to be reminded that they are also doing some buying too;
and not just small amounts either. Do you think this would happen
if the hole was dry??

Just my thoughts,

Brad.
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