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Gold/Mining/Energy : DALTON RESOURCES DAL:ASE -- Ignore unavailable to you. Want to Upgrade?

To: Peter who wrote (187)	4/26/1998 1:16:00 PM
From: Mr Metals	Read Replies (1) \| Respond to of 486

I don't know what to believe anymore! DITTO. Mr Metals

To: Peter who wrote (187)	4/26/1998 4:42:00 PM
From: Michael M. Cubrilo	Respond to of 486

Pete, TIGHTHOLE status is invoked any time a well is an exploration well. It is invoked to try and prevent competing companies from finding out what you have and then competing on future land sales. It is sometimes difficult to do. Oil companies also hire "scouts" to try and sniff out information from the locals in the area, bars, eavesdropping on cellular communications, etc.... However, it could also be invoked, I suppose, to prevent bad news from leaking out which could cause a run on the stock. For very large, publicly traded companies, the news would not effect the stock much either way. For junior, spec stocks, either bad news or good news could affect the stock drastically. So, you would probably want to keep your cards close to the chest. But keep in mind the current success rate on exploration wells.....10%. I am not a shareholder... I already have a junior spec stock drilling high risk, high reward wells: Wolverine Energy (WVE) mike