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Gold/Mining/Energy : RIS Resources International Corp, RIS-V -- Ignore unavailable to you. Want to Upgrade?

To: Pawl who wrote (218)	6/17/1999 2:15:00 PM
From: lostmymoney	Read Replies (1) \| Respond to of 250

I did just hear that Pennaco is at 10 7/8 ! Apparently A.G. Edwards is touting it quite strongly. That's quite unusual for a firm like that. They are typically quite conservative. That certainly gives RIS a current net asset value in excess of $2.00 C per share. Ultra too has gone through some major changes. We are now in positive cash flow, have a funded drilling program with 1/3 interest in the wells (as opposed to the 10% Halliburton deal) and are effectively debt free. The deal UP announced regarding the property sale closes tomorrow.