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

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To: Crossy who wrote (38)10/13/2002 12:24:43 PM
From: Ed Ajootian   of 115
 
Teton has produced a CD Rom with a movie that plays on RealPlayer software. It is very professionally done and I'd strongly recommend calling the company to get one, or email Howard at hcooper@tetonpetroleum.com.

As long as oil prices can hold up long enough for Teton to get its next well producing and get this processing plant built, they should be in great shape going forward. It looks like the market is waiting to see the 2Q numbers before deciding whether to buy this, but to me its pretty obvious that they have turned the corner. They will break through the $2 million barrier for revenues for the first time for 2Q, and this together with the additonal production coming on line now, plus the savings from the processing plant, should put them in a position where they are losing a few hundred thousand a quarter, assuming $25 oil.
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