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Gold/Mining/Energy : US Oil & Gas Resource USR/Vancouver

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To: the truth who wrote (38)4/14/1998 10:11:00 AM
From: NeverLost  Read Replies (1) of 58
 
What they have is real. The "problem" is, there is no hype. There are no official short positions on USR. The market wants to see the real numbers. (Why in this case, and not in the case of Hegco or Ultra Petroleum, I'll never know.)

After USR has drilled the first few holes (May), we will have a pretty good feel for how good these 20 sections are. Until then we are in for a ride. When we see 100mcf or more from the first holes and speculate on the next 100 holes the extrapolation will be easy. (100mcf * 100holes * 365days/year * $2.20/mcf = $8,030,000 or $0.50/share) Be patient.

Where did you get your "tip" from? I think if you hang in there you will have to buy them dinner.

GOOD LUCK TO ALL
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