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Microcap & Penny Stocks : GIVE ME YOUR .02 TWO CENTS WORTH -- Ignore unavailable to you. Want to Upgrade?

To: The Osprey who wrote (13)	12/15/1998 3:54:00 PM
From: Stew	Respond to of 172

How appropriate! . . . . $0.02 worth. I bought 4k shares of Petro Plus (PPV.A on ASE) a couple of years ago on the strength of it's gold (despite their name) property in northern Saskatchewan and it's participation with Claimstaker Resources in the Blackdome project in B.C. It cost many, many times what it does now but I was content to wait for the Blackdome thing (I was also an even greener rookie than I am now). Well, the president resigned and they defaulted on their payment to Claimstaker and were turfed out of the Blackdome project. The former president's brother was still there this past summer because I phoned to see if they had any plans. This guy said "Buy all the shares you can afford. Petro Plus has lots of assets." He implied that we'd see some news well before Xmas '98. I'm still waiting! One thing . . . they do keep their filings current. Here's the most recent NR on their activities, dated May 19, 1998, courtesy of Canadian Corporate News: "Petro Plus - Joint Venture Signed on Anglo Rouyn Copper-Gold Property LA RONGE, SASKATCHEWAN--Management is pleased to announce it has signed a letter of intent with International Star Resources Ltd., whereby International Star will acquire a 50 percent working interest in Petro's 100 percent owned Anglo Rouyn copper-gold Property. International Star will issue 1,000,000 shares and expend $200,000 on exploration over the next two years. The agreement is subject to approval of both the Vancouver and Alberta Stock Exchanges. Petro will initiate the work program as soon as approval is granted and funds have been advanced by International Star. On behalf of the Board, PETRO PLUS INC. Randy T. Studer, President & CEO -30- FOR FURTHER INFORMATION PLEASE CONTACT: Petro Plus Inc. Randy T. Studer President & CEO (306) 425-3350 (306) 425-2535 (FAX) or Petro Plus Inc. Kevin Curran (403) 632-4760 The Alberta Stock Exchange has neither approved or disapproved of the information contained herein." It would be nice to think they'll come up with something worthwhile.