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Gold/Mining/Energy : Anvil Resources (V.ANV)

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To: SnakeInATuxedo who wrote (1813)8/18/1998 12:02:00 AM
From: ehbear  Read Replies (1) of 2214
 
Disregard my handle. I'm bullish. I checked the geologists report that estimated ANV's reserves at 120 billion cubic feet and noticed that he only accounted for 5 zones in arriving at his #s. In ANV's news releases, didn't they say they had 9 potentially productive zones? I guess that means that the reserve numbers the geologist reported are a bit on the low side. A reassessment of the reserves should add even more value to ANV.

Your right about the situation ANV is in. No debt, a decent working interest, great production and reserve potential. There are not too many companies like this around for under $1.00 per share. I think I'll do a little more searching.
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