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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?


To: Findit who wrote (3835)6/22/1999 10:24:00 PM
From: Taff  Respond to of 4821
 
James, my best speculation at this point is maybe 40 to 45 cents, this market is tough, look at the first ELH Joint Venture.

You might see 50 to 60 cents when the official PR comes out identifing all the JV partners and the cash call has been made.

I would maybe predict a 60 to 75 cent stock on spud and then watch it fall back to the 40 or 50 cent level after about a week, movements will be pennies up and down each day for the next 4 to 6 months before they hit the pay zone

Assuming no problems once they complete the well, I would be happy with 2 bucks... THe market is bullish on gas right now 4 to 6 months from now who knows, will it be a cold winter, or do you need a cold winter to make the price of gas rise? I belive more gas is used in the summer for power generation ... "Air Conditioners"

techstocks.com

Later

Taff