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

To: RIK who wrote (6660)	7/20/1999 7:41:00 PM
From: kingfisher	Read Replies (1) \| Respond to of 24941

Loon Energy..LEY on Alberta.Did they hit on their Warwick well or did the market finally realize how dirt cheap they were?Until recent upswing at these nose bleed levels of .14cents shares were trading as low as .7cents with 100 boe.They have a small stake at Strachan,hit at Carvel this spring and were planning a well at Warwick.Market cap of $1.3 million at current prices.Tusk own 15% of Loon Energy,and Norm Holton has a fair sized position in this company.