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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 (438)3/10/1998 10:38:00 AM
From: Keith Minler  Read Replies (2) | Respond to of 2306
 
Hey Jim

Compared to Hegco we face a couple of problems here, not the least of which is a history of dry wells and false starts, the credibility of this play is not the highest. Secondly STF/BEA have been reduced to minority players in the TV play I suspect Hegco still has the majority of their play in their own hands. That being said, it does sound like a bit of a 'pump and dump' scheme.

As far as gas over oil, there is an excess of gas productivity at the moment and even with new lines to the states that does not mean gas prices will spike up. I have always had the impression that the real target was oil, this could be wrong and I will happily take anything of value.

So far the market hasn't been impressed. Lets just hope that we are ahead of the curve on this one!!!

Later

Keith