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Re: News

about 15 years ago

in response to freedom56's message

Freedom,

I had been away on vacation for a bit so have not had a chance to comment on the progress of GTE.

About 2 weeks ago Joseph Schatcher was on BNN and had it as his Top Pick with the following comments:

"Colombian basin. Had some problems recently with a tax on the pipeline system. Costayaco play has continued to work out for them. Should do about $.80 in cash flow. As upside in other areas of Colombia and will be doing some high impact exploration drilling. Also have upside in Peru. Pristine balance sheet."

Things look good for the long term.

Cheers

Johnyboy