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Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?

To: Ken Sammut who wrote (13958)	2/4/1999 10:36:00 PM
From: KMT	Read Replies (1) \| Respond to of 22810

Ken: Just so people are perfectly clear on this and make an informed investment decision... boston.com NPEC holds a total of 4,707,950 shares of Medinah Class A Preferred shares. After conversion that translates to about 18.8MM shares of MDIN. Those shares are convertible over a 4 year period beginning this July so I believe you'll see them discounted a bit when figuring a proper market cap for NPEC. Along with that there's some properties in Brazil, a telecommunications company, and a Silver mine. It's likely you'll hear more about those in the coming weeks. There may be some other assets that I'm unaware of. Cheers, KMT

To: Ken Sammut who wrote (13958)	2/4/1999 10:38:00 PM
From: DR. MEADE	Respond to of 22810

Ken, good post . A very brief comment on todays events . Extremely satisfied with news from both NPEC and MDIN. The MDIN commencement of drilling has been widely anticipated and it is here. This will really help NPEC. For me personally, I was most gratified by the NPEC news as it relates to telecommunications division. This is where the company is really expanding and where we will be reading more about the company strategy and progress in the next three news releases this month, with the big one to follow in March. Long day, good night. MAGGIE ***** ps, I think some on this thread owe Dave DiRicco and NPEC an apology for their irresponsible bashing.