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Gold/Mining/Energy : TransAtlantic Petroleum Corp (TNP.U - was Profco) -- Ignore unavailable to you. Want to Upgrade?

To: bob bundy who wrote (50)	11/8/1997 8:09:00 PM
From: Bill Shugarue	Read Replies (2) \| Respond to of 270

Bob:...The company would not consider casing the well unless they had oil. At this time I cannot confirm that casing has actually started. I also feel that the market is unsure whether they have actually struck oil. Remember, the investors buying think they have, and the investors selling think the well is dry. I feel that the majority of investors do not have any idea what is happening. Most probably have no internet access. Some probably don't even know that they have reached the bottom of the well. I have been playing PSO for about 5 years now, and everytime they drill, the same sort of situation happens. Sometimes, being to close to the action, is worse than not knowing anything. We always think that if we know it, then everybody else knows it. That is not always the case.