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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: CLK who wrote (1491)2/10/1998 12:28:00 AM
From: Tommy Moore  Read Replies (1) of 3335
 
I would be surprised to hear any difinitive news for quite some time. I would suggest this for two reasons. The first being the wording of there last news release. To paraphrase they were looking to prove up the resource with step out wells, the information being for
"internal purposes".
If you examine the trading records from last year, you will notice
a four month lag from the time the hole was drilled till the hot trading began. I still think the heavy trading and the bigger profits are some where in the future. What we are seeing now, are people
simply accumulating. Regardless, I would not get too excited about
a lack of a news release. The first indication of good results for
most of us is going to be a very busy ticker.
If my assessment is way off some one tell me please.
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