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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL)

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To: Findit who wrote (1821)12/24/1997 11:11:00 AM
From: George Dysert   of 4821
 
Jim:

>>BAKERSFIELD, Calif., Dec. 24 /PRNewswire/ -- Tri-Valley Corporation (0TC Bulletin Board: TRIL)
today announced that a dry natural gas well now being drilled in Tracy, California, could, if successful,
produce revenues in excess of $600 million and 300 biliion cubic feet of dry natural gas.<<

I think that "if successful" is the key word that makes this release palatable. This is a highly speculative venture and I have bet on TRIL's drilling record of this year. The dollar and BCF estimates are based on geological data that may or may not prove to be correct. My hope is that the numbers are on the conservative side.

Your caution is well received and respected. I wish that I had used more caution on some other investments in the past.

I've put my money on the table and will let the game play out-

Best Regards,

George
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