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

To: Jim P who wrote (243)	2/13/1998 4:39:00 PM
From: David Kitt	Read Replies (3) \| Respond to of 2306

Hi Jim, I agree, SI is a great place to share due diligence and information. Raptor is partnered with Berkley. Raptor has %24, Berkley has around %60 to %65 and the balance is held by private companies/investors Raptor/Berkley are going after both oil and gas. Turner Valley is an older producing field and they are just drilling deeper than they have in the past. Apparently there is infrastructure in place, according to Raptor. The target is 200-300 million barrels of oil and 200-300 billion units of gas. Berkley has drilled one hole and it's a tight hole, so they are not releasing any details at this time, however they started drilling a second but it is not at total depth yet. (good money after bad? I doubt it.) Imperial is supposed to be releasing the results from their drilling next week. The industry places the Raptor's property in the center of the field. There is an article in the Feb. 16 edition of the Alberta report that says Turner Valley has the potential to be the largest find in Alberta in decades. I haven't seen this myself, but since I live in Alberta, I'll try to get a copy and post it here this weekend. 3 million shares from the initial private placement came free trading on monday but most of the loose paper has already been blown out. (so I've been told. This is hard to verify so take this last comment with a big, big grain of salt) I asked one of the guys at Raptor if they knew who was buying all the stock out of Cannacord (a Canadian brokerage house that is often involved in junior companies) He said that was private information that he wasn't about to divulge to me. Thats about all I know right now. I'd just like to state for the record that I don't have any inside info, and I got all this information from calling Raptor's toll free number (1-888-344-7999) Cheers, Dave