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

To: kingfisher who wrote (503)	5/24/1998 11:24:00 AM
From: RIK	Respond to of 1207

Richard, To be more clear - in your post #497 you have spelled WEE BOBBY'S surname incorrectly twice .

To: kingfisher who wrote (503)	5/24/1998 12:44:00 PM
From: Michael M. Cubrilo	Respond to of 1207

That is the same Bob LamonD that I was referring to. Formerly with Orbit, and now the new CEO of Diaz Resources. The VP is Charles Teare, they have worked together for many years. I hope things do not deteriorate on this thread to the point where we have to use spell checkers. Regards, mike

To: kingfisher who wrote (503)	5/26/1998 8:25:00 PM
From: grayhairs	Read Replies (2) \| Respond to of 1207

Hi Richard, RE: Your "TKE at $3 in a couple of months." -- Why so long??? :-) :-) :-) I attended TKE's presentation at SEPAC conference this p.m. and have a couple of comments from that session to share with you. First 3 separate quotes by Norm Holton, President: - "At Strachan we have a gas discovery." and, then later in his presentation, - "The market price of our stock doesn't come close to the fair value of our assets." and, - "Two of the many shallow zones behind pipe in the Strachan well will alone add 14 BCF of reserves." [Regretfully, I did not catch if that was a gross or a net number. But, either way it is only from "2 of the many shallow zones" and excludes the deep reserve!!!!!] Other notes of interest -- TKE is presently at 865 boepd. Production losses due to forest fires will be pretty well covered by business interruption insurance claim. The next Meekwap unit well is to spud within 1 week. A follow up well on TKE's 40% Meekwap lands will follow shortly thereafter with two additional Meekwap wells to be drilled by year end. An application is being forwarded to the EUB requesting a downsizing of the Meekwap "well spacing". If granted the potential exists for some 10 to 20 infill and step out wells on TKE Meekwap lands. The Entwistle prospect has been farmed out and a well is also to spud very shortly on that potentially high impact 3-1/2 section prospect. Loon ("LEY") a partially owned sub of TKE will be doing a private placement to cover the cost of its ongoing obligations in Strachan (he did not say WHAT activities!!) as well as its other activities. The TKE presentation was very well done and well received. I think we just might see some "upward pressure" tomorrow. Have a pleasant evening. Later, grayhairs