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Gold/Mining/Energy : Canadian Partners in Project Ekho -- Ignore unavailable to you. Want to Upgrade?


To: grayhairs who wrote (299)10/30/2000 8:31:59 PM
From: Dale Schwartzenhauer  Respond to of 311
 
GH: Once again, I applaud your knowledge of all these well sites and who is doing what-where. I feel like I need a scorecard to keep track of the activity in TV.

Yes, CWQ needs funds and they are limited. My own preference is to pursue the low-risk plays to build cash flow and a pattern of growth (30% - 50% annual revenue growth). Following that kind of development for a few years, I wouldn't mind a shot at a huge discovery well. For now though, I'm less concerned about making a big killing than getting killed. A target of CWQ at $1+ seem less probable than 0.20 - 0.30, at least in the next six months or so. That might not excite the typical resource investor, but I'm not overly concerned with that either.

Best regards, Dale



To: grayhairs who wrote (299)10/30/2000 9:19:08 PM
From: Bearcatbob  Read Replies (1) | Respond to of 311
 
GH, Hey I agree with all you say - the one thing that puzzles me is that the share price of TRIL has still not collapsed. Someone with mony still thinks they have a shot at Ekho - or is thier other properties since Ekho is a freebie for them?

Bob



To: grayhairs who wrote (299)10/31/2000 1:10:25 AM
From: GerPol  Read Replies (1) | Respond to of 311
 
GH,

How do you see the Camp Colorado Prospect in Coleman County Texas impacting CWQ short term position. This project has not created much excitement hear but I see it as a much needed revenue source in the 1st Q ! There is a shortage of NR/discussion on this item.

Any insight into the Forum Project at this point ?

Gerry