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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH
NTAH 0.00400-60.0%Jul 24 5:00 PM EST

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To: wayne who wrote (3249)10/23/1998 7:54:00 PM
From: Just My Opinion   of 3817
 
Wayne; The story as I was told:
The stock price of NTAH made the deal offered, unattractive to NTAH.
(The other company supposedly was going to take an equity position in NTAH)
(so buy the heck out NTAH in March, and get us to a dollar..hahahahahahaha)

Since the island has restrictions on drilling due to the nature aspect, we cannot drill until April.
That doesn't mean that NTAH is not pursuing
the Matagorda project, in the meantime.
However there is no pressure to do it, because we can't drill during the winter anyway.
I, like everyone else wish it were otherwise.

When NTAH finally gets the darn thing drilled, I believe (crossing fingers) everyone will be happy with the outcome.





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