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Gold/Mining/Energy : Vulcan Minerals - C.VUL -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (315)9/17/1999 7:55:00 AM
From: Len Hynes  Read Replies (1) | Respond to of 415
 
Hi Buckey;
You are thinking in the right direction...your previous experience in the oil patch is showing.Personally, I expect to see Vulcan being able to quickly raise the required funds for the deep well ....I'm certain that we'll hear about that very soon.

A friend of mine who works in the oil patch, read the news release yesterday and immediately bought in at a steal...20,000 shares.When I asked him why so upbeat...he replied.."I always read between the lines when it comes to information from oil exploration companies...and you can be sure that they disclose only 50% of what is really important..but most importantly, it appears to me that the prospects for an economic discovery in the St Georges Basin is excellent..."

Like my friend Neil, I too feel that we will yet see some significant developments from this area in the months to come;additionally, once the current well is stimulated we may even see significant flow rates....remember that there is more than 100 meters of potential pay in this well.