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Gold/Mining/Energy : Solv Ex (SOLVD)
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To: 993racer who wrote (2553)4/15/1997 6:41:00 PM
From: PRD   of 6735
 
993,

Do you REALLY mean it when you say "good luck"?

PRD

PS...somehow your rationalizations are sounding more
and more like PR(I mean BS) all the time. Lets reflect on
previous BS;

1. SOLV does not have permits to do any production - wrong

2. SOLV will run out of money before they produce oil - wrong

3. SOLV is in default on previous loan agreement and DMG
will force repayment before SOLV goes into production - wrong

4. The principles of SOLV are all crooks and will be in jail
before SOLV goes into production - wrong

5. The "class action" suit against SOLV will scare everyone
into selling - wrong

6. SOLV technology is no different than that currently being
used - wrong

7. SOLV will never get permits to go into full commercial
production - we will see in a couple of weeks

8. Solv can not produce bitumen in an environmentally
friendly way - they do not use caustics or other chemicals
and the final proof on this should come soon

9. SOLV can't produce profitably - remains to be seen but
they see no reason why their cost estimates would be off,
and if it turns out each logwasher can produce more than
3500 BBLs per day, their costs could go down

10. SOLV will never produce any of the other products they
say they can. Its going to be pretty scary for the shorts if
they do, won't it.

Like I said before, if you feel comfortable, stay short.
You're risk is only unlimited.

And...
Good Luck!
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