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If I had to pick one stock that will outperform the T.S.E in 1997 it would be Hurricane. Credifinance is estimating cash flow per share of $2.65 for 1997. They are currently pumping 46,000 barrels a day ,a work over drill is being set up to increase production. The price per barrel is unrelated to the world price and was recently increased 30% to be sold to a refinery in Kazakstan.They have reserves of 350,000,000 barrels of oil. Financing the balance of this oil fields purchase price is in place and will soon be announced.The President has been so busy getting this huge project going that he has neglected the share price . I understand this will soon be corrected has he will be leaving for New York. What are the risk for this investment ?Much safer than Abacan operating in Nigeria with a market cap of 1.3 billion dollars or International Petroleum in Sudan with a market cap of 300 million dollars.In comparison HHL.A on a fully dilluted basis has a market cap of 120million dollars. Do your due dilligence and call the company to verify 403 221 8273.
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