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Gold/Mining/Energy : CALAHOO PETROLEUM -- Ignore unavailable to you. Want to Upgrade?

To: heidi medline who wrote (11)	4/23/1998 11:25:00 PM
From: heidi medline	Read Replies (1) \| Respond to of 18

Heres the news I talked with a guy named PAT at Calahoo today to try and get more information on this stock. This is what I will recall. Early next week two brokerage firms will issue strong buys for this company. Target prices are set for 2.00. not bad . Here are the reasons. Current production levels are 3500 be/d with cash flow of 20 cents /share. This year cash flow will increase to 25 cents per share and hopefully in 1999 40 cents /share. So if you have to hold this company a while thats ok. Drilling expected in summer and winter. Anybody know why it went up to 1.2 and then down to 1.02 just as fast. Must be manipulaters. I m in for the long haul. have some in the rrsp next to talisman and northrock.