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


To: forecaster who wrote (40)6/16/2002 9:31:38 PM
From: Ed Ajootian  Respond to of 115
 
Yes, we are very close to getting back into some action with this one. One more week of purgatory while they get the Transition Report ready to file with the SEC and we'll be off to the races again.

Key news to come out will be the results of the latest financing.

Great to see oil prices continuing to hover over the $25 mark. Now that Teton has ramped up its production so high, the price of oil is critical to its near-term success.

We should get a lot of action on this one no later than 8/15, which is when the 10Q for the June quarter is due.



To: forecaster who wrote (40)10/14/2002 7:26:27 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 115
 
That was in there buying some in the last hour or so. I saw that the Big Seller seemed to be cooling his jets so I jumped in there buying.

Given that the stock price has now decreased to the level where they did a $4.4 million financing about 3 months ago, where the stock issued in such financing was not registered, I'm now raising this one up to a Strong Buy, with respect to prices under $.25. For $.25 and up its just a Buy. This is your chance to pay the same amount as slobs like me did, but you don't have to sweat out the required year for the stock to become freely tradeable like I do -- you can sell immediately.

We should be hearing about their next well any day now, and hopefully we will hear soon about some sort of insider buying program. They may be waiting for the quarter to get announced first, but since that won't happen for at least another month I hope that they come up with a way to get started sooner. Don't see why they couldn't just put out a release saying whatever they know at this time (a guess about the revenues, etc.) and then announce that they intend to start buying. I'm not an SEC expert but it would seem that this would meet the spirit of the securities laws.