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

To: Ellen who wrote (729)	11/17/1997 11:45:00 PM
From: Steven Durrington	Read Replies (1) \| Respond to of 11708

Good Morning from the other side of the world... ...and people laughed at the air fresheners.... I view the press release biz.yahoo.com as quite positive, and agree with previous sentiments that this is part of what will keep CSMA ticking over until the Oil and Disposal Well kick in. So Franco, David S, David M, Russell, Ellen, and Carole {who I have a newly inspired awe for @ 46DD :-) }, it looks like we have some new friends to play with. This certainly was a busy little thread overnight, my time, and it took a while to wade through the 150+ messages. Welcome aboard everybody. There's been a lot of conjecture about the target price of this puppy. If thread participants will review the rest of the thread, the above mentioned people have all contributed valuable information and comments. Keep in mind that the disposal well upgrade should add $2 to $3 per share alone, if all goes through with the grade 5 licence. Add the ever-growing Adhatters, CO&G, and LPS, all of whose financials we'll find out about soon. I think that it would be reasonable to say that the figures soon to be released are probably towards the lower end of the scale of what we are to expect from these subsidaries in the future. Add to this the deal with ERHC and the undisclosed number of shares and cash for the sale of a potentially rich piece of land in Utah. Add further CSMA's liquidity and ability to immediately finance expansions of operations, and it all adds up to a small but growing company with excellent growth potential and unusually good fundamentals for a BB stock (which it should not remain, as it's hoping to list on NASDAQ soon, which is another positive and quite likely development). Just can't wait for Dec 1st. In my humble, and largely ignorant opinion, positive financials plus approved well upgrade plus business expansion equals a share price considerably above the current levels. I'm planning on holding well into double figures. And for David S - two words - Multi Millionaire. Congrats coming soon, pal, I'm sure. Franco won't have to wait too much longer either. I've only got about 1/10th of Franco's position, so I'll just be happy to be able to pay cash for (another) house, in my ongoing quest to become a slum lord back in Australia. Regards, Durro