VLVT (was CSMA) 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.

Microcap & Penny Stocks : VLVT (was CSMA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KZAP who wrote (2177)	12/1/1997 5:17:00 PM
From: tradesman	Read Replies (4) of 11708

<<<I hope no one was expecting C$MA to give you the green light to 'buy' or sonething like that. This is a statement, of the new 'deals'. And I LIKE new deals!! More deals, more money! More money for/into the company, more money for me!>>>> This is not particularly good news. Drilling for oil and gas is extremly expensive and everything can go wrong and waste a well, not to mention small production. The reference to 75mcf is nearly nothing. If the were talking 5000mcf that would be somewhat different, but, it takes a long time to get the and a lot of money. Been there, done that in So. Texas. I'm not at all impressed. It's very risky for a company to single handedly drill a well, they can lose millions in a heartbeat. It's also difficult to raise investor funds because of the risk. The current trend is to "go public" with a penny stock offering. This looks like just another means of securing funds for a high risk project to me and without the consent of the investors. And the saying is "buy the rumor, sell the fact". Problem here is, it's too late to sell. We're trapped.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next