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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 (472)3/12/1998 12:27:00 AM
From: Keith Minler  Read Replies (1) | Respond to of 2306
 
Hi All

Has anyone out there received their notice concerning the rights?

By the time snail mail reaches the great unwashed masses it may be too late. Likely that will be our last hurrah, if that notice doesn't get things moving, then we might as well fold up our tents and wait for April Fool's Day.

Later

Keith



To: Jim P who wrote (472)3/12/1998 5:44:00 PM
From: Max-mouse  Read Replies (1) | Respond to of 2306
 
Hi, Jim.

I don't have any specific info so far. I only am an independent investor + stock analyzer. Most of my info provided fm annual reports, shareholder letters, news release, charts and the post fm Dale, grayhairs, yours, etc. And to all of you who speaks French, merci.

Everything has its own life including BEA. Its life based on facts, the earning powers + demand/suppler.

The fact is -BEA group owns a valuable asset. The land which sit above the big oil/gas pool. After the April first's land sale. The BEA would be the biggest winner although they may not get the bid, because investors can recalculate BEA's new value after the date. And we, the small shareholders, want to see that but someone would not. I don't think the operators will make any delay to start the second drilling program. So we may see plenty drilling in 1998 and then 1999, 2000. The potential of BEA groups earning power is huge!!!

BEA has no major shareholder (April 97's info), it means that the suppler is big. And, it explains why BEA's share prices performance is bad even it has great news. We can see a big collecting period:

Mar 96 - July 97 prices fm 0.20 to 0.40 average 0.30
July 97 - till now prices fm 0.45 to 0.70 average 0.57 up 90%

The shares holders are changing, fm the weaklings to the strong. Once the transactions are finished, the price will sky-high and we will never see the 0.50 again!!!

One more thing is that, the take over is very possible because: 1. The great asset. 2. The management's share rate is weak. 3. The big oil companies has good cash flow/ the leftover spaces are limited and their share prices are high which compare with the weaken oil prices. But, the take over might not be good for us if the bid is not fair.

All I said is only for a reference. I became a BEA shareholder since 1996.

Good luck,

Mm_