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Gold/Mining/Energy : ABRG (formerly AMBY) any news?
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To: Stolcker who wrote (830)2/11/1999 11:09:00 PM
From: thomas oakley  Read Replies (2) of 1358
 
actually if you look at their chart may and june are traditionaly the months where the stock price goes to +.20. If we get good results from the drilling in a week or so, we should be north of .10 with no trouble at all. The mm have virtually no position in this company at all they are only holding 5-10 thousand shares. With just a little buying the price goes flying. I think with some good results and a decent swing in the price of oil we will see .50 by the end of the year. there are some people who are speculaing the price will go above $1 even above$2, but they would need some real good results for that --not that I think they cant do it I just like to be realistic. This company is producing revenues which are increasing all the time. They are relatively small revenues but that is why the price is so low. They are taking those revenues and opening up new wells increasing their revenues even more and more and more. How many bb stocks are there that are actually producing some decent revenues and cash flow?
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