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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Marcman who wrote (6651)	7/16/1999 8:53:00 PM
From: kingfisher	Read Replies (2) \| Respond to of 24910

Is anyone familiar with Veterans Resources VTI on Alberta exchange? They are partners with Tusk Energy in a test well located in eastern British Columbia. Veterans shares have zoomed up to $1.50 before settling back to close at $1.25 today.Veterans shares have been kicking in the .40 and .50 cent range up until this drilling activity.This gives them a market cap of $21million with latest production figures of less than 100 boe. Tusk announced today that hydrocarbons were encountered and testing will continue. What kind of reserves and production forecast were being speculated on this prospect prior to drilling?Appreciate any information on this.I have e-mailed Tusk for details but have yet to receive any information. Thanks, Richard