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Gold/Mining/Energy : Teton Petroleum (TTPT) -- Russian Oil -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (38)7/2/2002 11:23:34 PM
From: Ed Ajootian  Respond to of 115
 
Crossy,

Wondering if you ever added to your position on this one. Looks like we may have seen the last opportunity to buy under $.40. They are back on the hype trail and the effects are finally showing. All it took was one big buyer to step in there and it opened up a flood of other buying.

This turkey hasn't done a million shares of volume for eons. I believe a major deal is in the works.

Anyone who's still on the sidelines may want to pull the trigger before it goes over $.50. A ton of $.50 warrants got issued in their latest financing and if you pay more than $.50 you risk getting diluted out by the warrants.



To: Crossy who wrote (38)10/13/2002 12:24:43 PM
From: Ed Ajootian  Respond to of 115
 
Teton has produced a CD Rom with a movie that plays on RealPlayer software. It is very professionally done and I'd strongly recommend calling the company to get one, or email Howard at hcooper@tetonpetroleum.com.

As long as oil prices can hold up long enough for Teton to get its next well producing and get this processing plant built, they should be in great shape going forward. It looks like the market is waiting to see the 2Q numbers before deciding whether to buy this, but to me its pretty obvious that they have turned the corner. They will break through the $2 million barrier for revenues for the first time for 2Q, and this together with the additonal production coming on line now, plus the savings from the processing plant, should put them in a position where they are losing a few hundred thousand a quarter, assuming $25 oil.