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Gold/Mining/Energy : The New Osprey Limited -- Ignore unavailable to you. Want to Upgrade?


To: Oinkle who wrote (215)11/27/2001 5:48:17 PM
From: The Osprey  Respond to of 338
 
I agree.There may be a couple of pennies risk from here but the upside is huge.I will call the bottom at .45 and that is that.The top could be up in the 1.70 range in 60-90 days IMHO.The kicker will be if they get the remedial work on 36A completed by year end as the President said in the last news release.I presume to do it right they have to pull the pipe and set new pipe down to correct the problem once and for all.Then we will see a jump in production.I believe the release said it was producing 700Bbls and 1.5-2mmcf/day on 5/64th choke.The low choke was there as they suspected this problem.With the problem fixed once and for all they will be able to run it a little more agressively I suspect once it is cleaned up and the integrity of the remedial work is proven.

The Osprey



To: Oinkle who wrote (215)11/30/2001 8:13:08 AM
From: The Osprey  Read Replies (1) | Respond to of 338
 
Look at the depth on OEL.V.....Hardly any offers at all to 1.10..Now I am thinking.We have had some large buying at the .50 level...What is this 300K now at .50 and the offers are starting to disappear when there is only 19.9K from .54 to 1.10.....Makes one think this is just about ready to make a move upwards.I bought a couple more at .52 yesterday via greenie.My average has come way down in the last little bit.Time to buy.This will move and it has good numbers in both revenue increases, cash flow increases and profitability.

The Osprey