Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tradesman who wrote (2236)	12/1/1997 8:00:00 PM
From: Just My Opinion	Read Replies (1) \| Respond to of 11708

tradesman: so what you're saying is, that in your mind..the Pickens Family is equal to the phone mill people??? I am sorry I can't go along with that.. It is my understanding that the Picken's people are well respected in the oil & gas business... I think everyone should be very very happy about this turn of events, that WAS there for all to see.. I believe it was in the Oct 23rd news release.. Tradesman: stay or go, it is a decision that is yours.. good luck either way.. I am staying, and I think I will be happy with that decision...al

To: tradesman who wrote (2236)	12/2/1997 2:09:00 AM
From: Thu Ra Tin	Respond to of 11708

>>>Same as all the rest of'em KZAP. Raising capital for high risk ventures so as to reduce their own exposure to loss. As I said, the phone mills dried up, because everyone figured out what was going on. They need another means of raising capital.<<< I found this release to be very good news. M3 sold the property for Restricted Coconino common stocks. That says a lot. Why would Pickens & M3 sell the property for shares of a penny stock unless they believe that the price of CSMA will be trading at a much higher price; unless, M3 has other agendas such as shorting CSMA from offshore. Pickens are the smart money here, and if they've enough faith in CSMA, I am going to go along with them. Also, the reserve estimates come from 2 separate independent engineering firms. And pumping out gas is not the only project they'll be working on, i.e. Class II and Class V disposels, etc.