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Gold/Mining/Energy : Teton Petroleum (TTPT) -- Russian Oil

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To: LLGM who wrote (33)5/29/2002 11:39:52 PM
From: Ed Ajootian  Read Replies (1) of 115
 
If only they had the brains to have put out today's PR on or around 5/15, this whole "E" mess would have been avoided. The Nasdaq didn't catch the 8K and since there was no press release they just made the assumption the company had not filed its 10QSB on time.

Anyway, now on to the good stuff. The stock is now finally down to the point where the $.41 warrants are barely dilutive. This is a golden opportunity to buy in at the same price the warrantholders have, without the risk that their later exercise & sale of the underlying stock will pull the price below your entry point.

The "Howard & Tom" crew is in Europe as we speak, doing a Euro-hype show. Reports from the field are very encouraging. They are talking with a lot of heavy hitters and all it takes is to bag ONE of these boys and BAM, the stock will go idiotic.

I see another Rule 144 filing got made today, for about 72 K shares. Fine with me if these turkeys clear outta the stock now, so as to not be in the way of the next rally.

Oil prices are gonna take a little hit in the coming weeks (maybe months?) but the economics of this play work quite nicely even at $18 oil.
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