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


To: grayhairs who wrote (520)5/29/1998 12:41:00 AM
From: Ed Pakstas  Respond to of 1207
 
Alllllright!!!! Ladies and Gentlemen...You are all cordially invited to next months SI $0.50 contest... Read the rules and get 'em posted up ...ed

techstocks.com



To: grayhairs who wrote (520)5/31/1998 9:44:00 PM
From: kingfisher  Read Replies (1) | Respond to of 1207
 
Hi Grayhairs,
On your post #331 you suggested on this first well the Swan Hills could prove out 30-50bcf Proven
100-150bcf Probable
and xxxx bcf Potential with uphole values also
The xxxx bcf potential suggest I trillion cubic ft.
How many months or years will it take to properly evaluate the potential at Strachan assuming a I trillion cubic ft potential?Will it take 4 wells?
Have you calculated price targets for Tusk's share price over the next several months, years based on expectations that this first wells results will be very positive and will be followed up with several wells?
Can Tusk avoid dilution with a bankable calculation by an independent auditor and finance future Strachan spending?Can bank credit lines be extended for probable reserves?
My questions basically are to help me determine if Tusk has Berkley type potential with long term steady price appreciation based on potential significant cash flows from Strachan along with future drilling success on other prospects.

Look forward to your opinions,
Richard