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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Francois H. Gaston who wrote (52737)	10/9/1999 4:14:00 PM
From: marc chatman	Respond to of 95453

There is a lot of pessimism and stocks are oversold, but there was pessimism last Monday as well. And stocks were oversold for nearly the entire four month drop in mid-1998. My initial inclination is that you are correct. But I guess we'll see soon enough.

To: Francois H. Gaston who wrote (52737)	10/9/1999 6:17:00 PM
From: CIMA	Respond to of 95453

Like this one, now trading around a buck. That financing was announced two weeks ago at a $1.60. Rumors about some sort of deal in the making: Company Press Release Hyduke Closes $1,300,000 Private Placement EDMONTON, ALBERTA-- OPERATING DIVISIONS: B.W. RIG REPAIR & SUPPLY RELIABLE AIRFLOW SALES & SERVICE CANWEST CRANE AND EQUIPMENT MIMCO ENTERPRISES Hyduke Resources Ltd. (''HYD'') is pleased to announce the closing of a private placement of 812,500 Common Shares @$1.60 with the Bank of Montreal [NYSE:BMO - news] Capital Corporation, effective September 14, 1999, raising gross proceeds of $1,300,000 (Cdn.) From the total placement of $1,300,000, $900,000 will be used to retire a debt associated with the acquisition of Mimco Enterprises Ltd. and the remaining balance will be used to provide additional working capital to Mimco. Hyduke Resources Ltd. is an integrated oilfield services company specializing in the manufacture, repair and sales of oilfield equipment and supplies. The range of products include oilfield service rigs, pump trucks, generator & combination buildings, pneumatic controls, various models of truck mounted cranes, oilfield supplies, drilling tools, machining and fabrication services. -------------------------------------------------------------------------------- Contact: Hyduke Resources Ltd. John Babic CEO (780) 463-8686 (780) 988-5768 jbabic@hyduke.com or Hyduke Resources Ltd. Bob Ardiel CFO (780) 463-8686