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Gold/Mining/Energy : Olympic Resources - ORL,v -- Ignore unavailable to you. Want to Upgrade?


To: Texas77 who wrote (62)4/1/1998 4:41:00 PM
From: Flea  Respond to of 84
 
What...now you expect me to explain your rules to him?!! Forget it! <ggg>

Keep buying 1K a day...see how far she goes! ;-)



To: Texas77 who wrote (62)4/2/1998 3:25:00 PM
From: Flea  Respond to of 84
 
Dave,

Canacrap crossed 500K at 0.43 then all hell broke loose...now at 0.50! :-)))

That 0.52 offer is looking tempting...you gonna go for it? <ggg>



To: Texas77 who wrote (62)4/2/1998 5:16:00 PM
From: Flea  Respond to of 84
 
Olympic Resources Ltd -

Negotiations to expand oil and gas portfolio


Olympic Resources Ltd
ORL
Shares issued 5731878
1998-04-01 close $0.46
Thursday Apr 2 1998
Mr Daryl Pollock reports
Olympic Resources is in negotiations with various parties with a view to expanding its oil and gas
portfolio and supplementing its Flat Lake, Alberta, interests. In this regard, it has reached an advanced
stage of negotiations to acquire a working interest in up to 2,982 net gross acres of oil and gas lands in
Louisiana. Olympic hopes to settle the business terms of the transaction the next week in light of the
operator's proposal to re-enter and deep-test drill an existing well on the Louisiana play before June
1998.
To position itself to secure the transaction, Olympic has agreed to a $350,000 private placement
consisting of 1,000,000 special warrants at $0.35. Each special warrant will entitle the holder to
exchange it, for no additional consideration into one unit of Olympic consisting of one common share
and one two-year warrant, with each such warrant entitling the holder to purchase one additional
common share of Olympic for $0.35 during the first year of the warrant and for $0.40 during the second
year of the warrant.



To: Texas77 who wrote (62)4/3/1998 2:53:00 PM
From: Flea  Read Replies (1) | Respond to of 84
 
I'm out Dave...now watch it go to a buck! ;-)