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Gold/Mining/Energy : Parkcrest Explorations Ltd. - Discovery 4,116 BPD -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (77)2/12/1998 9:34:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 94
 
Jeff,

I think there are just too many uncertainties to be able to put _any value on PKC right now, and that's why my jive about a HEC buyout is just that at this point, jive.

Once they test this well and drill the Antejeos we will be in a much better position to value PKC. Also, HEC has no urgency to buy PKC until the pipeline is connected and flowing. Until then it does not really help HEC.