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Gold/Mining/Energy : Any Good Penny Resources Left? -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (701)	5/2/1998 11:20:00 AM
From: teevee	Read Replies (1) \| Respond to of 753

Hi, Look into RLN-Alberta. This is a junior oil that trades under $.20 Canadian; ~11 million shares outstanding, modest cash flow from ~50bpd; 36 sections of land in the Turner Valley area where Shell and Esso have had some success lately, and ~20 sections between Meekwap and Swan Hills oil pools where Tusk has some joy. I'm guessing that they will farm out some of their lands. A 'hit' in any of these areas could really move this little company. You can follow RLN on its own thread and also check out the BEA thread. teevee