GREY:CIMVF - Post by User
Post by
osmosison Jun 21, 2000 3:26pm
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Post# 2095725
News release
News releaseA co-worker of mine called Kirby Mercer yesterday and was told to expect a news release today. Kirby told him to read between the lines in the news release. Seeing that a division of Baker Hughes is doing the testing and would obviously be privy to the results, I would take it that the results have been very impressive with good potential for a very large deposit in the area. Otherwise why would a large company like Baker Hughes be interested in a reservior of maybe 20 million barrels. I'll bet we see a major jump in the share price as well. Rumors are that the west coast is a beehive of activity lately with much activity on the Port-au Port peninsula.