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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?

To: Mark drummond who wrote (457)	4/30/1998 1:12:00 PM
From: bill	Read Replies (1) \| Respond to of 1288

Thanks, Mark. Much appreciated. It's good to know about the potential pay zones. if they hit pay zones on the way down, the stock price will be affected. That's quite different than if they were drilling a deep well with no assumption of finding anything until they hit the Norphlet zone. Then I would have assumed a long declining price until we got close to the potential oil zone, then a rapid climb in price. This other scenario makes it possible that there will be some volatility and a possibility to do some trading. I keep trying to get those original costs down by taking profits where I can and then buying back in. Trickier than I originally assumed. Still, three successful trades so far. WT is down 9 cents today. It'll be interesting to see where the buyers will move in.