Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH) -- Ignore unavailable to you. Want to Upgrade?

To: Adrian Wade who wrote (845)	7/19/1999 5:19:00 PM
From: BUZNICK	Read Replies (1) \| Respond to of 934

Adrian I placed a phone call to roh this pm and this was the extent of our conversation. Q - Has roh recieved the 2.6 million shares from Hec? A - Yes they recieved the shares last week. Q - Will roh be selling these shares or have they been sold? A - At this time roh will not be selling the shares as they believe Hec share price will be increasing. They may use these shares to borrow against for future developments. Q - What developments are happening in western Canada? A - Mr Trickett at this time is negotiating with Gulf Canada and some small producers. The Gulf Canada deal is a 50-75 million deal so partners will be needed or additional financing. Q- How much cash is on hand? A- 1 million cash and roh is worth about 11 million Canadian. Q - Where does Mr Loh fit into the picture? A - Mr Loh is working for roh almost full time , he is working with Mr Trickett on the Gulf Canada deal . (analysing the deal) I was also told to be patient as there should be a run before the end of the year. $1.50 - $2.00 Thats about all for now. Buznick