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Gold/Mining/Energy : Canadian Imperial Ventures Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Sili Investor who wrote (116)10/1/1999 9:21:00 AM
From: Mr. Oil  Read Replies (1) | Respond to of 139
 
Howdy Sili, I wasn't sure who was out there lurking but nice to see some more interest here. Yep there definately is oil there! The question is how much?. Canadian Imperial will try to get production going on the existing well and then do further exploration on the area I have been told. If they can get enough of a flow to make some money this will help the play on the west coast of Newfoundland significantly. I am still waiting for the full details so I can evaluate how meaningful it will be to shareholders and speculators. My guess is the Management thinks there IS a commercial quantity of oil hence the JV to do further developement and exploration. It should be interesting.

Ray



To: Sili Investor who wrote (116)10/1/1999 10:45:00 AM
From: Sili Investor  Read Replies (1) | Respond to of 139
 
Any news out yet?