Nerox Energy (OTC:NROX) 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 : Nerox Energy (OTC:NROX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: YOYO who wrote (24)	2/10/1998 3:25:00 AM
From: Terry Lyon	Read Replies (1) of 64

Hi YOYO, I am not an expert in gas valuations but recently read that recent gas price was $2.31 per MMBTU and 23 BCF is worth about $53M (using figures seen on NAMX thread). The problems I don't believe that these reserves have been verified by an independent third party and they may only be able to retrieve a small part of the 23 BCF, as I understand it. Also the cost to obtain the gas may be very high depending upon drilling depth, etc. I like NROX but it is still to early for me to buy as still a long way from profitable - IMHO. Terry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next