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


To: kingfisher who wrote (868)9/16/1998 10:38:00 PM
From: grayhairs  Read Replies (2) | Respond to of 1207
 
Hi Richard,

I would have to assume that the Alberta Exchange is monitoring First Star and Dalton.

ROTFLMFAO !!

As far as the end of the road,I doubt that the most favourable time to take profits would be after this news release.Many factors will have to be considered but do not forget that any new land that was acquired will be explored with 3 D seismic, leading to more exploration wells being drilled and of course probable reserves will have to be proven with more wells, and add more success at Meekwap and a war in the Middle East leading to $18 oil and add an increase in natural gas prices ,leading to a much higher stock price by April of 99,leading to paying the tax man a huge whack of cash in year 2000!


Are you stating definitively that the Apache buyout will not happen ??
:-) :-) :-)

Later,
grayhairs



To: kingfisher who wrote (868)9/17/1998 2:03:00 PM
From: RIK  Read Replies (1) | Respond to of 1207
 
<<<<In my opinion tight hole status is now unofficially over. After several months all sealed lips can be unzipped.Phone calls can be made now without risking the wrath of Apache.This I hope will happen in an effort to get the stock trading at more appropriate levels prior to the official news release.I doubt that stock exchange officials would raise any eyebrows if such a scenario did unfold given the fact that the Strachan Sisters have been so beaten down since early summer.>>>>

Richard....you come out with some 'classics'. Thanks for the giggle!



To: kingfisher who wrote (868)9/20/1998 4:59:00 PM
From: Jon Warren  Respond to of 1207
 
Richard,

"I can assure you that if the news release is negative (it will not)and an investigation reveals insiders were in fact dumping, these individuals could be in big trouble!
The T.S.E official that I spoke to several weeks ago did agree with me that shareholders who purchased shares after tight hole status was imposed could sue"

That is just the party line he is towing, unfortunately. Look at Brex and more recently KRY which were both listed on the TSE. KRY was trading around $6 for months while people waited for a supreme court decision. 3 days before the decision came out the closing prices were $5, $4, $2 and then $1 on the day the decision was actually released to the public. Insiders somehow found out and dumped. As for suing anybody I have been involved in a law suit in the past and they are quite useless even if you are able to sue somebody with deep pockets. Even if you can win it will take years and lots of your own money to try to extract the settlement. I have heard of people that win lawsuits but the defendant refuses to pay and hides out offshore or creates an alias to continue their work in North America. Very few people are ever brought up on charges or convicted of any wrongdoing in the exchanges.

But I am not saying that TKE, DAL FST are scam artists. I am saying the insiders expected higher levels for a larger and faster gain. They saw that they were not going to get it and are getting out. Hence the decline in most of the stocks(DAL hit .16 on Friday on this "good" news). This IMO is good because if 'grayhairs' numbers are true then over the next 6 months we might see very large gains as it appears the stocks are undervalued. I guess in a large degree it will depend on gas and oil prices as well. My guess though is that these small cap-resource stocks will probably languish a bit with tax loss season coming upon us. IMHO the January to April time frame is when we would see really nice gains as people make RRSP contributions etc. Lots of cash should flood into the market and hopefully they will look at small caps instead of just the DOW.

Hoping for the best

JW