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Microcap & Penny Stocks : OILEX (OLEX)
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To: Brandon Anastasoff who wrote (839)2/20/1997 10:57:00 AM
From: Eric Maggard   of 4276
 
Thanks Brandon for the link. It almost makes me wonder if the company
is following this thread. :-)

I was surprised to see that they only did another 1.5 million shares
to acquire another couple of hundred more wells. If each of these new
wells produce 4 to 6 barrels/day, we could get to that 3000-4000 barrels
/day pretty easy. Things are starting to look really good. I am thinking
of buying more shares to put into my long term hold and not trading as
much. We'll see.

I also hope that Tom G. is working hard to get with more investors/brokers
to get the OLEX story out. That should help push the price toward that
$3 we need for NASDAQ listing. I know that they are working toward that
goal and hope that it is not too far away.

Well, have a good day.

Eric

P.S. I'm in Sunny Arizon for the weekend and had to check up with their
computer. You kind of get hooked on this once you get started. :-)
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