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Gold/Mining/Energy : Central Pacific Minerals & Southern Pacific Petroleum -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (40)	7/19/1998 2:43:00 PM
From: CLK	Read Replies (1) \| Respond to of 90

I agree with your interpretation. I do not think these oil reserves are as expensive to produce as they are saying. As the learning curve goes, the cost per bbl will decrease. My bet is that it is still economic at these prices but it is a guess. Another guess is that we will be able to buy shares in the mid 4 dollar range before they go higher...again pure speculation. Nonetheless an unusual opportunity. Do you know if there are other companies which control large shale deposits in Australia? They might make a good bet as they could process their deposits thru this plant once it is up. Thanks.