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Microcap & Penny Stocks : OILEX (OLEX)

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To: OFW who wrote (3135)3/28/1998 1:16:00 AM
From: Steve  Read Replies (1) of 4276
 
Like inferring that the Jefferson County leases at the M Half Circle field are worthless (the ones acquired from Phoenix Reserves) and the stock exchanged for them was theft. There is natural gas there but its production is more tightly regulated by the TRRC than is oil production. I would assume there are future plans to drill there. The reserves in this field are not known by me and would require more digging and questioning to determine future potential. To claim without knowing is lying to imply guilt without proof is innuendo.
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