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Gold/Mining/Energy : NPEC - The thread for NEW shareholders of NP Energy -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (70)	3/25/1999 9:44:00 PM
From: craig poppe	Respond to of 228

$970,000 ... I knew I should have paid attention in Algebra. Either that or it's payback time for those college excesses.

To: Alan Whirlwind who wrote (70)	3/25/1999 10:07:00 PM
From: J. Williams	Read Replies (1) \| Respond to of 228

TO ALL:::: Post # 1 from @nd NPEC thread. For newcomers and foundation of rumor on Raging Bull: Be sure to take note of item # 7..Metroplus!! To: Geoff Coates-Wynn (0 ) From: Geoff Coates-Wynn Saturday, Mar 15 1997 11:15AM ET Reply # of 15428 Corporate offices in southern California and Vancouver, B.C. The properties are as follows: 1)Chile Copper/Silver/Gold (Mina Claudia). 20% stake. Partners are MXR(Vanc)-20% and Last Frontier Oil-60%. Estimated tonnage greater than 50 million metric tonnes". Most assays (from grab, bulk and reverse circulation drilling) returning >2% copper. Significant additional areas to be explored and drilled that are expected to dramatically increase reserve estimate. The property consists of approx. 2000 hectares, with plans for expansion. The property is held by a Last Frontier Chilean subsidiary, Sierra La Plata S.A. Currently in small-scale production, which is funding additional work on the property. 2)Chile Gold (Andacolla)-20% stake. Partner is Last Frontier with 80%. Current proven and probable reserves are >6 million tonnes ore at over 1g/t; "La Colorada" property (one of the claims) estimated at >1 million troy ounces. Again, significant upward revision of reserves are expected. This property is next to Dayton Mining, and includes a high grade milling facility. The property is currently in smale-scale production. 3)Ecuador oil- 15% stake. Producing, current estimates around $500,000 profit per month, last released figure is from July for $232,000 profit. Some of this has to go to paying off acquisition and future development costs. The property provides MAJOR cash flow to NPEC. Production has been steadily increasing each month. 4)Indonesia Gold- 20% stake. Partners are X-Chequer Resources (XCR-Montreal) and Consolidated Dencam (CMO-Van.) Still an early exploration property. NPEC's 20% interest results from a finder's fee and involves no cost for exploration and development up to the first $500,000 spent. After that NPEC will share 20% of expenses. This property is located squarely in the BRE-X "gold belt" on the Island of Kalimantan, between the producing properties of Mt. Muro and Kelian. The partners recently approved a further exploration program on this property to supplement our recent geological surveys. 5)CISCO DOME GAS AND OIL FIELD, Utah- Operations provide 1% to 50% income depending on the well, providing additional cash flow for NPEC expansion. 6)NPEC Holds a 66 2/3 % interest in a Washington State Silver property of over 2000 acres with production plans for '97. 7)METROPLUS COMMMUNICATIONS CORPORATION- A Long Distance Supplier to business and industry in lower B.C. CANADA. The network is expanding with acquisitions completed in '96 and plans for more in '97. This operation is profitable (about $100,000/yr) and provides additional cash flow monthly to NPEC, which owns 100% of Metroplus. Approximately 64.5 million NPEC Outstanding, some preferreds still out that, upon conversion, could raise the number to about 67 million, the preferred are callable by the company pre-conversion. 100 million authorized. NPEC owns 5,000,000 shares of common stock in Last Frontier Oil Company. Total Shares of LFOC-- 11.2 million. The following thread contains the news releases: Subject 7687 This is the old NPEC thread: Subject 7460 Key NPEC personnel, President: Larry Regis Jr. CEO, Secretary & Treasurer: Les Price Directors: Mr. Jack Ginn, Mr. Larry Regis. Contacts: Dave Diricco, Investor Relations. 415-261-9608 Vancouver B.C. Business Office (604) 981-3083 FAX (604) 985-4734 American Transfer and Registry, Transfer Agent. 801-363-9065. Fiscal Year End is March 31. Geoff

To: Alan Whirlwind who wrote (70)	3/25/1999 10:21:00 PM
From: J. Williams	Respond to of 228

Follow up to previous post # 73. With Metroplus making estimated $100,000 in '96/97 would certainly confirm the eps on Raging Bull. Do the math and then look and mainstream telecom companys and one can see the the price earnings in telecom industry is in the twenty range meaning that if we were a reporting company with good financials we might expect a pe multiple of 20. At $.05 per share one could easily justify a market price of $1.00. This is the first time in the past three years that I recall that so much info came out from so many different sources. Perhaps there are some who want the rumor mill to move this thing ahead on rumor alone. But that won't happen until IR gets a news release that gives the real information that would substantiate the rumor. If NPEC came out with any such information then DR Meade could be right and we'll see this thing gap to a different level. Unfortunately rumor is not going to create that kind of trading interest. ONLY NEWS and good promotion from IR will!!! JW