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


To: Ed Pakstas who wrote (828)9/2/1998 3:55:00 AM
From: grayhairs  Read Replies (2) | Respond to of 1207
 
Thanks for posting the release, Ed.

I find it interesting indeed that Mr. Holton AGAIN publicly refers to his Strachan well both as a "gas discovery" and as a "gaswell". And, noticeable by its absence is that little qualifier "potential", as in "potential gas discovery" or "potential gaswell" !! Instead, Holton chose to describe his Strachan well as a "Highlight of the six months ended June 30, 1998 for Tusk Energy Inc.".

Now, notwithstanding that Mr Holton would have access to all technical information on the well, I guess (since no technical data has yet been released) I am still expected to believe that NAV=0 for this well. Damn, I find that hard to do !!

Later,
grayhairs