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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (3795)	5/30/1998 7:24:00 AM
From: Joe Copia	Read Replies (1) \| Respond to of 25711

The stock found doing some scans is CAYC. All DD is at: Subject 21290 Please note the $$$$ this company has and its acquisitions. This stock is very undervalued, imo, and I am very excited about its prospects. I wish today was a trading day. :( Joe PTG&LI !!!

To: Joe Copia who wrote (3795)	5/30/1998 7:32:00 AM
From: Joe Copia	Respond to of 25711

from one of CAYC's news releases. This stock may be ready : Caye Chapel, Inc. (OTC Bulletin Board: CAYC - news) announced today that it has entered into discussions with the Board of Oilex, Inc. (OTC Bulletin Board: OLEX - news) for a possible consolidation of the two entities. OLEX has approximately $14 million in net assets, owns 600 +/- wells, no long term debt and owns all of its field and office equipment outright. OLEX also has a 1/2 percent overriding royalty interest in a 48 million +/- acre ustralian oil and gas concession as well as approximately 25,000,000 barrels of estimated recoverable oil. CAYC already owns 9% of Titan Energy Corp, Inc. (OTC Bulletin Board: TANC-closed @ $1.47) which has a 12.9 million acre oil and gas concession in Australia with independent minimum geological reserve estimates of $1.4 billion. CAYC also owns the assets it recently acquired of Great Plains Inc. Which includes third party independent reserve estimates of 19,441,932 gross barrels of oil. CAYC also recently announced it's intent to acquire McCormick Drilling Company, Inc. which also has third party independent engineering evaluations of 25 million barrels of recoverable oil, as well as 3 fully equipped drilling rigs. The combined synergies of the above transactions would give CAYC $25 + million in net assets, no long term debt, in excess of 60 million barrels of estimated proven oil reserves, 9% ownership of TANC and an experienced management team. wow. wow. All pro or con DD is welcome. I am had a hard time sleeping last night as I was dreaming CAYC DD.... and the dreams were all pleasant. Joe PTG&LI !!!