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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 (133)11/30/1997 4:25:00 PM
From: MUDMAN  Respond to of 270
 
Bob: Do you know the current cash position and when they will need new financing? When can they expect to start receiving cashflow from their Nigerian wells? Thanks Mudman



To: bob bundy who wrote (133)11/30/1997 5:34:00 PM
From: Bill Shugarue  Read Replies (1) | Respond to of 270
 
There has been some heavy trading in the shares of
Profco the past several days. The stock dropped
to 90 cents, before rebounding to close at $1.15
on Friday. There have been some large blocks
crossed, and this could be the result of tax loss
selling. But you have to remember, the person
buying those shares must feel that the price is
going higher.