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Gold/Mining/Energy : Hegco Canada Inc. -- Ignore unavailable to you. Want to Upgrade?

To: READE SMITH who wrote (2264)3/10/2001 9:47:44 PM
From: c.d  Read Replies (1) | Respond to of 2316
 
Thank you again Reade. You didn't really answer my question, but did give me an answer of sorts. The Alpha I am interested in is the one that delayed the entire oil industry by one year. He not only was successful with it at Hegco, but affected an entire industry. Quite a character!

Now on to the future. I will take your word for it that Arkansas will be in the cross-hairs and that Mississippi is on the map. My interest is peaked.



To: READE SMITH who wrote (2264)3/26/2001 10:23:01 PM
From: Ed Ajootian  Respond to of 2316
 
Have taken a small position in this @ $.50. Looks to be selling at about 5 x cash flow --- right about where I would expect given the prospects for growth at this point.

Will keep this one on the radar screen and will buy more on dips or at even higher prices when and if they can reduce their productions costs on a per-mcfe basis, down from the $2 mark.


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