Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: keith schaefer who wrote (6813)	9/8/1999 8:41:00 AM
From: Craig C	Read Replies (1) of 24921

Olympia FWIW - have heard they have hit some nice gas wells in Southern Alberta (27-05W5), but news has not made it to the news media. Only word through insiders. They are in with Vermilion on some of the south gas wells. Interesting there 2nd quarter numbers are late. Current drilling at end of Aug. a 2100 meter well up north at 82-10W6. If your going to figure out the value of the stock you may want to use a 8-10x annualized 2nd quarter Cf when the news is released.That seems to be what the market is paying for these stocks right now. Careful of broker cash flow targets going forward for 4th quarter predictions. Its all pie in the sky stuff. I would think Olympia will do a financing at these new price levels, so the brokers may be pumping it to get there share of the stock sold. I don't have a pos. in this one. If your going after this stock with 35 mil shares there will always be weak hands so maybe you can pick it up on the cheap.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next