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Gold/Mining/Energy : DEREK RESOURCES (DRS,V) - HUGE PROVEN OIL RESOURCE -- Ignore unavailable to you. Want to Upgrade?


To: rdww who wrote (79)9/3/1999 12:54:00 AM
From: Davey Stuart  Respond to of 114
 
My understanding is that the company halted their own stock because the price was running away on them. They probably didn't want the VSE to 'freak out' and so when they saw the price moving they felt it best to halt. Hopefully they have a deal worked out and finalized so that on Tuesday they are ready to come trading again. If they don't have something finalized the halt may be quite a while because quite often it is the small details that take so long to iron out. Hopefully it is sooner than later.

Has anybody else heard anything?



To: rdww who wrote (79)9/3/1999 5:44:00 PM
From: Davey Stuart  Read Replies (1) | Respond to of 114
 
Just got off the phone from DRS investor relations and everything is full 'steam' ahead for Tuesday morning. Incredible news coming including, but not limited to the following:

- the deal is signed
- development partner - BATEMAN ENGINEERING!!
- approx. US $5 million dollars
- no stock dilution
- production facility

Looks like there could be a lot of people watching Tuesday morning.



To: rdww who wrote (79)9/6/1999 4:48:00 PM
From: Davey Stuart  Respond to of 114
 
Was able to find the Bateman Engineering website:

www.bateman-am.com



To: rdww who wrote (79)9/14/1999 1:08:00 AM
From: Davey Stuart  Respond to of 114
 
Derek Resources form 20-F registration statement approved by SEC
Derek Resources Corporation DRS
Shares issued 4,700,000 1999-09-10 close $0.8
Monday Sep 13 1999

Mr. Barry Ehrl reports
Derek Resources has received approval of its form 20-F registration statement filed with the United States Securities and Exchange Commission. The file reference number is 0-30072. The 20-F registration statement was declared effective on July 19, 1999, and since then the company has been clearing comments. This process is now complete.
All future public disclosure documents will be filed with the SEC in accordance with U.S. reporting requirements.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com




To: rdww who wrote (79)9/14/1999 6:36:00 PM
From: Davey Stuart  Read Replies (1) | Respond to of 114
 
on the move again