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Microcap & Penny Stocks : OILEX (OLEX)

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To: straight life who wrote (874)3/6/1997 1:02:00 PM
From: Eric Maggard   of 4276
 
The only thing about the estimated reserves is a question as to how they figured it. I would like them to say that the 1/2 billion barrels are proven reserves. It might seem minor, but there is a big difference. Also, I would like to see them actually start pulling out the 2k barrels/day that they are trying to get to by the end of the month. If they can get that, they will be moving. IMO.

Eric
geocities.com
Information on OLEX and other stocks.

P.S. Looks like OLEX is breaking down after this news. Nice pop while it lasted.
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