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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 (109)	3/27/1998 10:33:00 AM
From: Jordan Electron	Respond to of 223

The really big oil is at: pages.prodigy.com aog4.txt

To: Jim Hitchie who wrote (109)	3/27/1998 10:48:00 AM
From: igor	Respond to of 223

Jim, you seem to have a good handle on what's going on with Cubacan. They were supposed to have control of the drill for two holes. do you know if they still have it. If not, and they have to wait along time for their turn to come around again there could be a delay. If they have good results from two holes, how long will it take for them to get the drill rig back? igor

To: Jim Hitchie who wrote (109)	3/28/1998 8:55:00 AM
From: E. Charters	Read Replies (1) \| Respond to of 223

Well, to excuse the expression, not to rain, but I understand that this is an oil play or the talk of pressure and gas would have been in there. I also understand that fracing is needed here because there is no flow or pressure. In actual fact I would say that they may have missed here. The precise reason they plugged the hole is not clear. (Gas, H2S, collapse?) I think they are smearing the data a bit here. Also let's face facts. I don't mind a promotion either but oil spies are fairly astute and the presence and kind of equipment being used is all they need to guess the progress. That should reflect in the price and insiders could not help but buy if there were a hit in a new field. Let's hope you are right, but the only way we will know here is if the stock knows it before we do. EC<:-}