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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: Thomas F. Radcliffe who wrote (1997)	11/14/1999 3:33:00 PM
From: Dale Schwartzenhauer	Read Replies (1) \| Respond to of 2306

If accumulating cheap stock is our starting point, CWQ has participation in Turner Valley, while also having an interest in the hot Ekho project. It's true that BEA/STF are the pure plays, but there is a weakness in having all one's corporate eggs in the same exploration basket. I don't fault Jack's zeal for his belief in TV, but lets face it, it hasn't been too successful to date. Having some diversification is exercising good business judgment. Dale

To: Thomas F. Radcliffe who wrote (1997)	11/14/1999 3:41:00 PM
From: TANTRAMAR	Respond to of 2306

Tom: I agree with you, the Turner Valley area is certainly oil and gas country. I also agree there is no good reason why a drilling license will not be issued shortly. I think (IMHO) this play will be slower to develop due to lack of near by (within 10 miles) gas processing capacity and the regulatory scrutiny any additional development will get. I believe some of the delay we have experienced "may" be due to partners moving slowly and hoping to squeeze out the juniors as their cash reserves dry up. Regards From Alberta