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To: andrew r harwood who wrote (1822)	4/16/1998 8:22:00 PM
From: CLK	Read Replies (1) \| Respond to of 3335

"It takes a lot of courage not to get disgruntled in this world." - Goethe That is not to say that healthy skepticism is not warranted when dealing with these little junior speculative plays. Still I interpret the news release as positive. I do agree the stock price will go down not up initially because of the "buy on mystery, sell on history" phenomenon. I also agree that those on the inside can trade the stocks to an advantage largely because they can issue themselves these offerings but so what. They should make money for running these companies and they do not get salaries often. The bottom line will be the geology which is what I have been betting on all along and still believe will turn out to be commercially viable. I just feel that coal bed methane plays are underdeveloped at this point and that this one holds great promise. If they have a conventional field this is good news as the cash flow from that could pay for their portion of the coal bed play which is mucho expensive. Turkey is a serious play imo as it is right on the Iraqi oil trend. I have always felt this could be as big or bigger than Bellingham and see no reason to change my mind. One valid point you make is about everyone's hopes and dreams of riches being dashed on most(?all) other SI threads. Most of these deals do not work out. Most people do not win the lottery. Most people do not get rich and for that matter most people are not very happy..but some do and are and will be. Your job, should you choose to accept it, is to be one of those!