HITSGALORE.COM (HITT) Message Board

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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Q. who wrote (4315)	10/3/1999 5:07:00 PM
From: Janice Shell	Read Replies (1) of 7056

More from my friend who used to be in the oil business: Its a far several light years stretch between oil rights and a promissory note. An oil lease or the rights is just that... it has nothing to do with oil production, damn you could buy an oil lease in Manhatten and drill, but the results and return may suck in a large way. A lease is just that, you pay the land owner a lease to drill, if you hit the well then you pay the landowner a lease and royalties. Damn I still dont think anyone will buy a promissory note just because you have an oil lease, are there any reserves under the ground???? Actually he had more to say, but it wasn't all that clear because he couldn't stop laughing...

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