Abnormal Volume and Block Trades 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 : Abnormal Volume and Block Trades

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crocodile who wrote (1985)	6/27/1997 5:32:00 PM
From: keith massey	of 2340

Bev Regarding NNS - My throat is waiting for you. I know I deserve it :((( I want to point out a company I just bought into. The following will sound like a promotion so don't read it if you don't want to. I have done as much D.D on this one as I can. Do your own research and check my facts. If I have missed anything please let me know since I like to know everything about companies I invest in. Any comments would be appreciated. ZUS-V zeus energy - (oil and gas) They have been promoted through tandam for the past few month (can be seen on the insider report at stockhouse). Usually I never pay attention to promotions but this one has dropped down to .62 in the last couple of days and might be worth considering. Shares outstanding - fully diluted - 5,900,000 Of that insiders own - 2,200,000 and not selling Options outstanding (insiders) - 245,000 @ 0.89 expires 1999 300,000 @ 0.86 expires 1999 Warrents outstanding - 300,000 @ .98 expire Aug 3/97 - they want the money for drilling so they want to get the price above the $1.00 levels within the next month. No shorts outstanding according to the VSE short report. (however from recent discussions we know that tells use little) The insiders cashed all of their options (500,000 @ 0.43) in Jan and Feb but have only sold a few of these. I am assume they are waiting for higher prices. With the well they just hit they presently have around 150 B.O.D. coming in. They also have 50% in two gas wells producing 500MCF a day which is around 50 B.O.D equivalent. Revenue 200 B.O.D * $12-14 / barrel = $800,000 - $1 mil/ year (.15-.20/share) They are presently reworking their little river project of which they own 37% which they say should give them an additional 55 B.O.D ($300,000/year) - (0.06/share) They also have a $2 million dollar line of credit. They are currently drilling (at 2000 ft as we speak) on their echo bay project which they say could host 6-8 wells. They own 50% of this project with USO-V They also own two other pieces of land that have not been drilled (South wynnewoodand and South Tribbey) and own 25% of a sooner energy who has been showing a small profit lately however I don't know the cash flow coming in from sooner. If they hit at echo the price should easily double or more. If they miss the price shouldn't fall too much since they already have producing wells and will be doing several holes this summer. The only reason I can figure out why the stock has drop in past two weeks is that investors were expecting more than 100 - 150 B.O.D from there last drill program at Deese Sand. A good comparison stock is EGG-V at 1.12 today - they have 8 mill fully diluted and 250 B.O.D current production and are currently drilling. I still think I must be missing something on this one since it seems too good to be true but I thought I would share the information anyways. Best Regards KEITH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next