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Gold/Mining/Energy : ABRG (formerly AMBY) any news? -- Ignore unavailable to you. Want to Upgrade?

To: Benny-Rubin who wrote (1095)	6/18/1999 1:17:00 PM
From: Bugsy	Read Replies (1) \| Respond to of 1358

Well as far as these 127 wells are concerned I no longer think of this as a rumor.I have confirmed this so I am satisfied it's real. The buyout rumor is just that. We should see some news sometime next week regarding the new wells. IMO the real price will be seen as these wells are put into production and we see the revenue stream. Right now we have no idea what these wells are capable of producing. But these were producing wells not that long ago so they should have some life left. When the price of oil rises back above the $20.00 range (which will be next yr. IMO) the profit margin will rise dramaticly. I loaded up on abrg stock with plans to hold for at least 12 months. Regards