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

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To: Rocket Red who wrote (2052)12/6/1998 9:52:00 AM
From: overbyte  Read Replies (1) of 2214
 
I suspect that a different type of investor will be buying anv when it is shown that they are now a gas production company in the early stages of developing a very promising field. Suppose anv is able to develop 20-30 wells producing 4-5 mmcuft/day over the next 3 years. Sooner or later that adds up to a lot of production for such a tiny company. So far we have no debt. Production from #1 will show that it just might be possible. If I were you, I would take some profits from your "explosive" stocks and get back into anv at these levels. Remember, it's persistence that wins the race. Success breeds success and the pace of development should increase. A gas play becomes real when it can be sold to the market at a profit.

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