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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Neal Bernard who wrote (472)	11/14/1997 11:37:00 PM
From: Steven Durrington	Respond to of 11708

Thanks Neal for your original research and informative posts on this thread. I have a question about the EHRC deal. Would it be fair to assume that CSMA sold off the property with 52 Million barrels of oil underneath to EHRC because they didn't have the capital to immediately crank up operations ? EHRC is a bigger fish with a greater ability to develop the field much sooner. However, as CSMA retains shares in EHRC, then they still get to benefit from the field's development via EHRC dividends and/or stock price appreciation. Can't wait to find out the details on or about Dec 1st. Hope you enjoy your weekend. Mine just finished over here (it's Thurs/Fri in the Arabic world). The Saturday (pseudo-Monday) morning blues are somewhat compensated for by my position in CSMA being doubled in a week, and thoughts of more to come, for a LONG time. I just wish Franco hadn't mentioned the diamond bra - the only thing preventing my wife getting one, is that Victoria's Secret catalogues can't get through customs here.... :-) Cheers, Durro