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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (191)1/26/1998 8:37:00 PM
From: Tommy D  Read Replies (1) | Respond to of 2306
 
I am happy with the price movement, although STF just moved back to where it was before the "water" scare a few weeks ago. Why would there be a press release at this time, unless it is announcing further drilling at different sites or the acquistion of more land? I thought the two wells were "tight" and there was no requirement to disclose info. unless the need to keep the info confidential had passed(ie. if a land sale in the area had come and gone). I am not saying anyone is wrong but I am just puzzled based upon what we previously knew or have been told. If the info is confidential and there hasn't been a land sale, aren't we better off if there is no PR because any PR would probably be negative.

TommyD



To: Bearcatbob who wrote (191)1/26/1998 11:34:00 PM
From: Jim P  Read Replies (1) | Respond to of 2306
 
I was told a week ago today not to expect any news for about 3 weeks, that leaves two weeks. I suspect due to the volume the ASE may request BEA-STF to put out some sort of a release in the next day or so.

If positive results become evident nothing is going to be able to contain this news. Currently the market suggests positive news. The day traders are not controlling the price of this stock, its holding to steady.

Tommorrow should be an interesting day.

Jim P