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Microcap & Penny Stocks : VLVT (was CSMA)

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To: YOYO who wrote (3171)12/10/1997 12:49:00 AM
From: David Smith  Read Replies (2) of 11708
 
ERHC Recent announcements of huge oil finds in the tract just recently sold to them by CSMA probably indicates a mistake by CSMA management.

No, it wasn't a mistake. This sale allowed the company to pursue the disposal well. Additionally, the development was going to be a joint venture which didn't pan out. The company did very well considering that they are not developing it.

David
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