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

To: grayhairs who wrote (681)	6/23/1998 4:55:00 PM
From: kingfisher	Read Replies (2) \| Respond to of 1207

Hello Grayhairs, It does not concern me to see the fast money players lose patience on no news and sell.The Strachan sisters will continue to drift because Apache's agenda differs substantially from the short term flippers who have been chomping on the bit poised to sell on any announcement.I do not expect much between now and late August.It is my guess that any well tie in will be delayed until all available land in this area is tied up.Apache will exercise their option to drill a second well but will delay signing any contracts on a rig till September.They will also avoid showing the goods by signing any contracts to build a pipeline to tie in this well.The size of this line would indicate how much potential the Strachan well has. In the meantime it will probably be wise to continue and accumulate. Take Care, Richard P.S. You asked me to remind you to investigate the land acquired by Tusk and Loon on February 4th 1998.