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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (4014)11/1/1997 11:00:00 PM
From: Glen McGlaughlin  Read Replies (1) | Respond to of 24933
 
Don't follow Tuscanny,however I'm still long on Cavell (KVL).Now under $1.80.What are your current views on this company which is now trading at 50% of its IPO of last year?

Glen McGlaughlin



To: Kerm Yerman who wrote (4014)11/2/1997 11:27:00 AM
From: The Fix  Read Replies (1) | Respond to of 24933
 
Hello Kerm re: Tuscany TSY-ase. They just aquired 12.5% of the Benin offshore play it's 640 sq. Kilometer's (sp), Potentil of 125 million bls. of oil, fully diluted after the Wty's come into play(Oct. 98) the shares outstanding will be 40 mil.
The first drill results will be out late next week or the week after that. Thier's some serious accumulation going on with this play. Don't read to much into Yorkton's position as they've done all the deals. TSY still has some cash left to do further deals in the coming months. Factor in the crap with Iraq and this could be a nice little play in coming months.