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 : Canwest Explorations -- Ignore unavailable to you. Want to Upgrade?

To: David who wrote (18)	9/13/1999
From: Ed Ajootian	Respond to of 20

Bought a small initial position in this stock on Friday. Looking forward to a 250 bopd production test to be announced this week. Should pop the stock a bit but would not be surprised to see it eventually slip back below C$.40. Will consider buying more depending on results of the test plus timing of when they plan to start actual production & start drilling the next well. Downside risk from here would seem to be minimal given that the company is now about to become comfortably in a positive cash flow position. Being set for the future cash flow-wise is critical to getting any of the bigger oil companies interested in farming in to the big play CWI is shopping in the Middle Magdalena Valley.