Smoky/Boltan Natural Gas Exploration Play Message Board

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Gold/Mining/Energy : Smoky/Boltan Natural Gas Exploration Play

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To: Kerm Yerman who started this subject	4/13/2002 1:45:28 AM
From: Kerm Yerman	Read Replies (1) of 32

StockTalk / Share Activity David Pescods Late Edition Olympia Energy (T-OLY) 583,630 3.93 -0.29 Meota Resources (T-MRZ) 51,940 5.02 -0.03 Nation Energy (US;NEGY)172,500 1.00 +0.03 High Point Energy (T-HPE.A)329,400 0.50 -0.02 There was no news out of the Boltan play today as they are still moving equipment on for the test to find out how big this well could be. But during the course of the day, Olympia certainly saw their stock all over the place and the only explanation for it seems to have been the use of stop losses by many people, hoping to protect their speculative funds or are trying to find a safe way to play potential downside risk. It looks like the moment Olympia traded under $4.00, it triggered a series of stop-losses that brought Olympia as low as $3.28, before recovering dramatically. Just when you thought you’d seen everything you could see in the market - here you go with something new. Looks like the Atlee Buffalo heavy oil play is coming in better than they had expected though, for Olympia. Report by analyst Steve Smith on the Boltan play to clients on Monday.

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