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

To: TraderGreg who wrote (2245)	12/1/1997 7:52:00 PM
From: jan_mike	Respond to of 11708

TraderGreg - read release quick and scanned a zillion posts right after. I'm too ignorant to know the difference betwixt oil and gas exploration costs and stuff anyway. Don't expect that to amount to a huge gain anyway. Happy to be wrong about that too. I fixated on what I thought were folks who didn't know that was part of the business. On the credit side of the ledger, I wondered out loud about plans for more chicken fat wells a couple of days ago. I also thought out loud that this was where the real bucks are. The risk to return ratio of the Utah job is mind boggling. That knowledge, of course was do to the enlightenment efforts of folks on this thread. Can I have that umbrella drink now? Mike

To: TraderGreg who wrote (2245)	12/1/1997 7:55:00 PM
From: oldcrow	Read Replies (1) \| Respond to of 11708

There have been several attempts already to highlight "GAS" vs. "OIL". Someone insists on ignoring this. As you say, this is only one of four subsidiaries anyway, why all the stress and emotion????? The BIG news is still to come with the financials and with Envirotec. Allen

To: TraderGreg who wrote (2245)	12/1/1997 8:13:00 PM
From: PHILL	Respond to of 11708

You asked if you had missed anything trader, well lets see the release says an independent geological evaluation of the property estimates 50 to 100 billion cubic feet of natural gas, WOW, thats a heck of alot of gas. Its valued at between 30 million and 80 million dollars, WOW, thats a heck alot of money. I think the direction of the success of the company has just taken a new very properous turn for the better. We are talking about gas wells being drilled to only 3500 ft. you could do a number of them for a couple of million. Natuaral gas was in great supply even back in the 50s and 60s, gas was wastefully blown off into the atmosphere to keep the supply within the correct dynamics of supply and demand. A terrible pratice I have always felt was stupid and wasteful. Today this isn't true, natural gas is worth way to much and in short supply to waste. This is truly great news IMO. Can hardly wait to see what happens tommorow. I also think that T. Boone Pickens knows alot more about south texas gas, drilling and marketing than tradesmen, cant figure out as an investor what his agenda could be if he knows about Oil and Gas, seems like he would feel like me and KZAP thrilled s--less. thanks PHILL