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Gold/Mining/Energy : GENTRY RESOURCES LTD. (GNY.B - TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Leigh McBain who wrote (469)	4/5/2000 9:08:00 PM
From: DRT	Read Replies (2) \| Respond to of 601

Leigh, The .63 offering certainly narrowed the spread, it was .70 prior to that. The market depth has varied considerably from day-to-day, so its difficult to know what is behind it all - obviously weaker oil prices and the overall market turmoil has slowed the buying interest. But with anticipation of good financials, a financing for Stratic's Egyptian deal, new well production as of April 1, average $25 US oil price in 2000, results from first quarter 2000 exploration, etc., one should only see positive news coming over the next several weeks. What is required now is a steady stream of good news and the associated buying we hope to see as a result of that news. DRT