Midland MRIX, MRIXZ Message Board

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Gold/Mining/Energy : Midland MRIX, MRIXZ

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To: CKramer who wrote (26)	6/26/1997 9:15:00 PM
From: Ed Ajootian	of 32

CK, Agreed, we need news. Like they say, better to be lucky than smart! My sense was that although the net reserves found for this well looks like it will be equal to what they were hoping for, there is now substantially less additional Fusselman prospects which translates into less future upside. I don't believe the higher Cope Unit sands discovered by this well found a whole lot of future drilling sites for those sands. I bet Gene doesn't dare put out anything on the wires though because he's afraid folks will instinctively trash the stock when they find that Chalk Mountain is less than anticipated.

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