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Microcap & Penny Stocks : DIGG - Digital Gas, Johnboy DIGGS it. -- Ignore unavailable to you. Want to Upgrade?

To: RSkarsten who wrote (759)	11/11/1999 4:13:00 AM
From: Don Richards	Respond to of 1774

Thanks for the clarification Russ and Tim. That makes sense now.Rather than thinking in terms of what the producing field would cost to buy on a per barrel basis,I was only seeing it from the point of view of what a barrel of oil can be bought for on the market.I know Tim is an oilman and should not have questioned his figures,but rather spent a bit more time figuring out what he was saying! It's now obvious!Field enhancement of recoverable reserves raises it's value by approx.$25k/bbl/day. wow!...Thanks again,Don ps-From the sounds of the last NR,DIGG is focusing on acquiring more US properties in the near term.When one uses these cost figures,it is more understandable why they may be considering dealing off some internet assets.The millions$ add up pretty fast when buying reserves hey?!!