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Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (823)5/7/1999 10:10:00 AM
From: MF  Respond to of 934
 
The Notes.....

Ya Ed you are right. In fact I think it is $6 Mill, but they don't mature for another 1.5 years.

It appears Trickett wants to get back into his back yard and play the game he knows. Look at Morgan Hydrocarbons, his last company that he built up from scratch. Started on Alberta I believe then graduated to TSE and eventually wound up being bought out as a NYSE listed Co. @ $1/2 BILLION. (with production of over 20,000 BOPD equiv)

This is his next baby & I too will be watching closely.



To: Ed Ajootian who wrote (823)5/8/1999 11:53:00 AM
From: Casey  Read Replies (1) | Respond to of 934
 
Ed:

<<Let's not forget about the notes. What was the amount of those, $5.5 mm? If so the book value is
C$.53 a share. Then you gotta discount that a bit for the fact that the HEC stock is probably subject
to a lockup provision for awhile.>>

what notes are you referring too? TIA


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