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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: dfloydr who wrote (46684)6/20/1999 6:23:00 AM
From: Robert T. Quasius  Respond to of 95453
 
Great summary. I've also talked to Bill Baumgartner, the CFO, from time to time and found him to be very helpful. The Miller family is a class act!

I am also very long MEXP after doing my DD, and for now all we have to do is set back, watch, and wait for the recapitalization and drilling programs to unfold.

The Montana Blackfeet concession could prove to be a real sleeper, with potential world class reserves. The concession is barely explored, but is located near some very prolific fields and has very interesting geologic structures.



To: dfloydr who wrote (46684)6/20/1999 1:00:00 PM
From: RBlatch  Read Replies (1) | Respond to of 95453
 
Floyd - Thanks for your report on MEXP. The most significant fact you made me aware of was the 50% insider ownership. This being important since it does establish the fact that there is no reason for the Millers to "cherry pick" benefits out of the company. Speaking of the lease sales specifically which the Millers will sell back to the company at cost.
Cordially,
Bob Blatchley


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