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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)
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To: JR. who wrote (1821)4/16/1998 8:09:00 PM
From: andrew r harwood  Read Replies (1) of 3335
 
forgive my scepticism but i think the release was extremely negative and i think the market will react that way .they have presented no evidence of commercial quantities of gas .the line about further negatiations with partners is just a way of stringing along the pidgeons a little bit longer so more insider sales can be completed this opinion is further strengthened by the mention of turkey which is probably a turkey also but basically designed to give a little hope to allow more insider sales .those on the inside have made a tidy profit ,buy at 35 c or lower and sell at over a dollar ,dont annunce disappointing news of first well .stock goes back to 45cents buy back and sell above a dollar again ,this makes for a 6 bagger with basically no good news released. also an extremely negative indicator is the sentiment on the board virtually every other baord on si where people start dreaming of riches and foreign vacations have had their dreams turn to dust .this is based on bitter experience .in my opinion its a sell right now .if they actually have anything which i doubt they wont have the money to develope it and the senior partner will be in the driving seat .anyway i think its all hot air that they have found .i wonder how much insider selling there has been and when the clk restricted shares at 35 cents come due ? im sure that info is somewhere .good luck with your dreams. arh
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