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


To: grayhairs who wrote (501)3/13/1998 5:27:00 PM
From: ChrisCat  Read Replies (2) | Respond to of 2306
 
Hi grayhairs,

You seem confident that we are seeing a gas well (w or w/o condensate or oil) but no one has mentioned the possibility that we are seeing flare gas that isn't coming from in the ground. It has been done before, companies who want to confuse the likes of you and me will have the testers feed the flare line with bottled propane or methane or whatever. There seems to be a lot of variables here and a company with a lot to hide and money to spend could fool us in all sorts of ways.
Also does anyone think that the issue of these rights is McLeod's way of telling us that there is something good here without actually telling us?

ChrisCat



To: grayhairs who wrote (501)3/13/1998 5:53:00 PM
From: joe sax  Read Replies (1) | Respond to of 2306
 
Hi Greyhairs,

Yes I have to agree with you its the big boys that are controlling this play. But on the other hand it is not the big boys who forced McLeod to issue rights.

To the best of my understanding this is more or less BEA/STF last kick at the cat.I can't see McLeod issuing rights without feeling a high degree of confidence that this is indeed an exceptional play.

regards
joe sax