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Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba -- Ignore unavailable to you. Want to Upgrade?

To: Jim Hitchie who wrote (86)	3/17/1998 12:21:00 PM
From: tg49ers	Read Replies (1) \| Respond to of 223

I would think they have logged or will be logging the current well pretty soon (and if there's potential, possibly a DST or two). But based on the stock volumes and current price, I would be pretty surprised if there is any news shattering announcements. I could be wrong but generally there's alot of excitement on the drilling floor, ie. oil over the shaker, drill cuttings, etc. but it appears that things, in the most part, are pretty quiet. If they actually case the well, I figure that a news release will be somewhat positive but really inconclusive (ie. wait on production results). Jim, you seem to follow CCX pretty intensely, what do you think? I'm not sure what price you got in at but I basically bought in (at a much higher price) for this one well and it doesn't look too promising thusfar. If this well turns out to be a duster or subpar, what's your opinion?