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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?

To: Babe' Boua who wrote (4803)	6/19/2004 12:03:55 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 4821

Babe - bring this one back ins 60 days! *********************************** Dear Rusty, "As we discussed, there are so many exciting events happening with the projects of tri valley. We have waited 4 + years to frac the Echo Vedder sands--now we start in earnest June 28th. Tri Valley has recovered the oil from the well bore and replaced it with heavy salt water. No bridges or blockages were found. The $6,000,000 has been raised and escrowed for the frac or fracs that may be necessary to place well on production. *************************************** Comment: If the TIV record of success continues what happens the next time the investors who stand to loose 6 mil are asked for more money. *************************************** The sunrise interest holders and opus investors are ecstatic--huge amounts of gas were found with the last frac, but unfortunately, casing was cracked. Plans are now to redrill the well the last part of July. 3 trillion cubic ft. of gas in place within months of being put on production, and we have a $4.00 share price. *************************************** Comment: Gas in place - over how large an area. What would the economics of withdrawl be. The number presented is meaningless - great hype! *************************************** Amazing, why sell at such low prices? Especially with stock from new gold company which will be listed on major exchange to be distributed in the near future. Elk Ridge: Frac on Hay sands has been successful--tubing pressure continues to build up to 1300-1400 PSI this latest development indicates that the cleaned up - fraced/packed upper hay sands is starting to produce its gas. Well is still being worked on, and commercial success seems right around the corner. Remember, it takes 30-45 days for the gel to melt and the gas to be produced utilizing this type of frac material. ****************************************** Comment: Starting to produce what? If the well is not flowing static pressure is meaningless. ****************************************** Oil Lake: We have the funding and permits to deepen this well 3500 ft. below the current drill depth. A competent drilling rig and crew has been obtained, and it looks like by the end of July we should commence operation. The Stevens sand has produced prodigious amounts of oil and gas in this area. The next 60 days will be a very busy time. The Ecko or Sunrise could each put 30-40 points on the stock price. ****************************************** Comment: 30 - 40 points - as in dollars - lol! ****************************************** Look for a very positive report from an independent oil and gas analysts on Tri Valley's prospects. Drilling expertise and potential volume of stock should be out next week. Personal opinion: stock price could be $30 + in the next 90 days. ****************************************** Comment: Yeah it could be - but not very likely. ******************************************** Altango6" - - - Go Tri-Valley!!! babe:))