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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v)

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To: andrew r harwood who wrote (2949)4/6/1999 10:05:00 PM
From: CLK  Read Replies (1) of 3335
 
I am a big fan of Kaiser and read him religiously. I looked at Petroquest and was pleased that their loss was mostly due to write-off. I also read some of the thread on it...interesting..they do have some impressive hits, well wise, but no action on the stock. I have seen that happen before too. It seems to tell one that there is something one is not taking into account. The markets are not efficient or inefficient but something in between. The price does tell you something. These companies, including Petroquest and Epic, can be one drill hole from explosive stock price growth. So I have put it on my watch list. Another penny with the potential to explode or go under is FMA on the NYSE. It is down from 17 dollars to 3/8. Nice web page. My feeling on Epic now is that the web page, reorganization, eventual seismic and drilling data (they still need to do that test well) will build a base from which a real and substantial money earning company will evolve, and one that is more exciting that your usual oil and gas company because of the cache of coal bed methane's field's size, the CO2 storage and methane storage sides, and the conventional gas production as well as the Alberta oil and gas production which is more like what these companies usually do. Co-generation of electricity adds spice too. It is because this is not your father's oil and gas company that I like it. Sure it is extremely high risk, and Kaiser does have bottom fish that look good and are definitely safer. He does not, however, have the reputation for catching the BIG fish. STT at .35 went to 55 dollars and Bresea went past 200 dollars from pennies, albeit it was a scam in the end. I had both on this same type of bet..the long shot with the sky the limit and all at risk. This is that type of play. This is the hunt for the Trophy Fish.
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