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Gold/Mining/Energy : Parkcrest Explorations Ltd. (PKC) Harken (HEC) partner -- Ignore unavailable to you. Want to Upgrade?

To: oilstks who wrote (151)	6/4/1998 9:46:00 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 261

Tom, Thanks kindly for the post and I appreciate your thoughts. Although I'm selling a significant chunk of both PKC and ROH I'm still planning to hang in there with a big position too. I just had gotten too carried away, that's all. If you are looking for a play on commodity prices then PKC/ROH are not nearly as good an investment as other stocks. I'm getting into another one now which is a much better commodity price play since it has much more debt (ie leverage to the price change) is a current producer, and is in the US. Ironically what has me intrigued is some exploratory stuff they are doing. IMO PKC is getting very dicey now with the HEC loan due in less than 6 months, which is well before the Palo Blanco will be declared commercial.

To: oilstks who wrote (151)	6/29/1998 6:52:00 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 261

Tom, Did you ever pick up any PKC? This thing has made a very powerful move so far (up 80% in a week or so, on no news) yet I believe the biggest gains are still ahead. Could see some consolidation first though. They've had two straight up-days with volume > 100 K shares. Haven't had _three straight 100 K days since the glory days of last _August! When you saw Mikel's talk and you talked with him afterwards, did he happen to mention the expected timing for the Palo Blanco pipeline BTW? I noticed Strain most recently has said that he feels that it will take _two dry seasons to complete this pipeline