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Gold/Mining/Energy : Tusk Energy (TKE) -- Ignore unavailable to you. Want to Upgrade?

To: grayhairs who wrote (347)	4/28/1998 11:57:00 AM
From: saif	Read Replies (2) \| Respond to of 1207

I think that Tusk management made a wise move at this time, although I am fairly new to this play, but my feeling is that we have smart people managing this company, and there is real fire behind the smoke either from Strachan or Meekwap or both. They are not kidding ! Off topic cccccccccccccccc off topic I had one dry hole in Pakistan two weeks ago, but the second exploratory well in another field has been tested about two weeks ago and standing temporarily suspended and they are planing a second well in the same field, but the details of the test results is waiting the approval by the Directorate General of Petroleum Concession in Pakistan, the stock price is not moving there is hardly any trade volume . as if it is halted forever. Very strange ! ! ! ! ! ! ! I have one life chance to retire soon, I have a huge position on CKM which is going now full speed in developing three fields, one in Venezuela and two offshore Indonesia. But the really most exciting drill for little junior like Carmanah has started Yesterday, We have a structure that may contain two billion barrels of oil or salty water in the Natuna sea, Exxon is doing all the financing of the two years exploration budget of U.S $25 million, so this drilling is risk free for Carmanah. A stock that is trading now at around $8.00 with 40 million shares off all kinds, will exist 1998 with about or more than 10,000 bpd and could be more than 20,000 the following year just from the existing three fields . This company might discover TWO BILLION barrels in Natuna by the end of May. If we are lucky then we may have our 8 doller multiplied by FORTY. Very tight hole, no rumors, no scouting, just slow countdown 34 day 33 . 32 .. 31 .... .. and the zero is not that far. I wish you were with us in this play, your experience is much needed at our Lobster thread at Stockhouse, Many of my friends at that thread know you ,and wish to see you there, non of us is an oil expert, but we share the love of lobsters, and we don't mind surf and turf once in a while, and Monica never heard of us. Regards. Omer