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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T) -- Ignore unavailable to you. Want to Upgrade?


To: AL Berta who wrote (1220)3/13/1999 10:42:00 AM
From: Jimsy  Respond to of 1288
 
Yep - some guys know how to play safe and build a company, others just go for broke!



To: AL Berta who wrote (1220)3/13/1999 11:20:00 AM
From: fern1  Read Replies (1) | Respond to of 1288
 
I understand the van. guys are walking a fine line. Trying to get the co. financed yet not diluting the stock or loading it up with debt. But there has been so much expectation built up for a norphlet well that i'm afraid that if financing is arranged for just hostins then the market may be disappointed.

After all this co. was represented as an emerging mid size producer, upon successful completion of a norphlet. I have no doubt that in time they will do this. Its best sooner rather than later. After all if you wanted a good return in the oil and gas sector without the risk there are royalty trusts out there yielding 20-30%.

We assumed the risk of norphlet. Its time to produce one to back up the technical data they where only to pleased to release from their first attempt.

Regards Fern1