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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (4535)1/9/2004 5:24:52 PM
From: Crossy  Read Replies (3) of 37387
 
re: CHAR.OB - Chaparral Resources - $1.99

looks like finally the word is getting out on this company. MMs painted the tape to "forge" a close under $2 it seems.. KAZ oil stocks are hot right now. The West needs the oil, is willing to pay more and more per barrel and they are literally sitting at it..

Around $2 marketcap is still a meager $70m and we are already producing 12000bopd. Expect a lot of more to come. New drilling, new projects, payback of debt .. all with INTERNAL CASHFLOW, upgrade to a major exchange. In between should be a nice PR on their reserve update and a 10K due in March with should also shed light on company status. This company not only has a lot of potential, they are also delivering a lot of results at the moment !!

Rus. presidenz PUTIN paying a visit to Kazachstan right now to explore further cooperation and infrastructure projects (hint: pipelines)! the whole oil sector is going to thrive in the Kaspian region.. sort of the Argonaut Saga' but a couple of thousand years later <g>

wish all threadsters a happy weekend - after a week like no other
CROSSY
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