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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) -- Ignore unavailable to you. Want to Upgrade?


To: Tommy who wrote (3088)9/1/1999 11:58:00 PM
From: the truth  Read Replies (1) | Respond to of 3335
 
I don't there is any doubt that there is definite potential in this play if all the information that Epic has disclosed in its web-page and other sources is correct. Assuming there is gas storage potential, assuming the c02 injection studies go well, albeit it will take many years for the latter, then we can say yes, this is good area play.

I did notice in the last release, they talked about their core business in Washington State being gas production. I didn't realize that Epic has producing wells on the property. I think what we have is a lot of potential, but no real focus on going forward with funding and drill programs.

How does Epic survive with no other funding other than the private placements that seem to dilute the stock out further? It will be nice one day if Epic can get some REAL money behind this project with the right guys leading the way.

For now, we wait, the stock price depressed for a reason.
For a reason or many reasons.

truth