Bitech Petroleum Corp new well 2400 bopd Message Board

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Gold/Mining/Energy : Bitech Petroleum Corp new well 2400 bopd

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To: Brian who wrote (27)	5/4/1998 6:42:00 PM
From: Doug	Read Replies (2) of 32

Brian I don't know if you get the Investors Digest...in the issue that arrived today there is a write up on Bitech, saying it's undervalued because of the oil that's in the ground now...wait till BPU announces between 250-500,000 million barrels...superman won't be able to hold it down This stock is being given away at these prices...I'm impresses by the annual report but not on the way they handle news...if there is news don't give it to the insiders, then to the stock holders the following week...the stock might be higher right now if they had done that...could be that's why the stock never ran on release of the news...might be that the company is taking the shareholders for fools, but were surprised when the stock didn't run. Like you I was expecting better news than this...let's hope next time they don't screw it up. Will you be attending BPU annual meeting latter this month...I'm considering going...what happen certainly left a bad taste in my mouth on how this company is run...am I wrong?........Doug

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