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


To: Ed Ajootian who wrote (157)7/10/1998 1:08:00 AM
From: Jeff  Read Replies (1) | Respond to of 261
 
Ed, note the release. From what I can research these warrants et al. are for $1.10, 1.31, 1.60,1.87, 1.75 and possibly 1.80. IMO PKC has said we'll take what we've got with Harken but no more new wells. Why, cause something else is happening. A note on Yahoo suggested a JV on the Escondido Contract. Who knows? But this could raise a bundle, enough to pay off the Harken loan and finance the next program. If these warrants were closed for the amounts above someone has shown great confidence in the next stage. Any thoughts? Am I off the mark?