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

To: tradesman who wrote (2227)	12/1/1997 6:58:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 11708

tradesman, You mean there are better places than Texas to drill for oil? Like Manhattan or what? Get real, drilling, by any measure is a risky business. If it wasn't a risky business, you think anyone would lay bets here? Hell, if I didn't want the risk, I'd be in Intel or MSFT. So be it. MChen

To: tradesman who wrote (2227)	12/1/1997 7:00:00 PM
From: KZAP	Read Replies (1) \| Respond to of 11708

You have to look at all the information. In that respect, things look good. The information has not always come when we wanted and is not always what we WANT to here, but it has come in a timely manner. Ask yourself this: What would well respected oil men be doing in a little penny stock company like C$MA? Will be waiting for the answer! Happy investing! GO C$MA!!!!!! IMO KZAP

To: tradesman who wrote (2227)	12/1/1997 7:20:00 PM
From: jan_mike	Read Replies (1) \| Respond to of 11708

Tradesman - Fair enough and thanks. My next question to management would then be "how much to dig the hole?" Our risk should be measurable in approximate dollars. Then the risk would be 100% of x. Can you or KZAP tell us what one of these dudes costs? Your 5 million, which I think you meant as one bad incident, is chump change if it represented the total downside risk. Anybody got a real approximation? Also, Was that a joint risk, or just CSMA's? TIA Mike

To: tradesman who wrote (2227)	12/1/1997 10:00:00 PM
From: RealTime	Read Replies (2) \| Respond to of 11708

...I didn't post to scare people, I posted to make certain they have at least a small concept of the risk involved in drilling in the Texas valley. It is very very high risk. I did not know that's where they were headed. Oil and gas, yes, valley I didn't know.. tradesmen: can you please link me to a source of information that supports what you are saying. If what your saying is true, I'm sure I wouldn't be the only one interested in reading this information. As far as I'm concerned, after some dinner and some thought, I am by far a lucky guy when I following my instincts. My gut says hold , and buy like a bull on the dips.NR