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Gold/Mining/Energy : The New Osprey Limited -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (272)	4/20/2002 8:25:20 PM
From: The Osprey	Read Replies (1) \| Respond to of 338

Suppose it might be related to the Private Placement they announced being re-priced.I know one thing though; if they get this placement done and the money associated with it in the bank this will be an entirely different company.They have all the necessary components,expertise in Bernard P Robicheau(New President with Gary's retirement) and his team in Louisiana and proven reserves there that just need to be exploited. I know that alot of people looked at this initially a "Pump and dump vse company" but with the proven reserves down there and elimination of some canadian assets it looks more like a junior in the making. Here are some things to consider if you have been following OEL.V as I have for the past 4 years. 1) There will be wells drilled on the PEI lands this year that OEL is in the JV with YRY.V. 2)There will be a well or possibly 2 drilled on the KBC.V/CCX.V/OEL.V land near Truro in the Horton/Debert prospect. 3) I can't be sure but rumours tell me that remedial work has been slow in louisiana but is progressing in The bayou Choctau area of late and that Money has been the only delays.With this placement completed there is and has been a work program in place for some time and planning has been on going.Money in the till will speed this along. 4)I am not sure of this but I think I remember seeing something in the news releases about other due diligence being done on other potential acquisitions. Thats it for now.The volume on friday was something nice to see.Hope for the best people.The new team at OEL.V can make this move to the second stage.I just have this good warm feeling about it now and I bought some more also Bearcat. The Osprey