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


To: TraderGreg who wrote (3819)12/17/1997 10:35:00 PM
From: David Smith  Read Replies (1) | Respond to of 11708
 
Here is information on Coconino Oil & Gas.

This information is used to supplement information already presented in the Dec. 1 press release. The joint venture agreement should be finalized by the beginning of January.

Shortly after the agreement is finalized, they will start drilling the first of 8 planned wells. I was provided with a portion of the TDTP log analysis which shows formations at about 3800 ft. and about 3400 ft. Because of the porosity of the formation (20%), the natural gas permeates through the whole formation so offset wells are an excellent indication of the production rates of these wells.

One of the biggest concerns of investors in this thread is the expense of drilling these wells. These are inexpensive wells compared to oil wells. Each well can be drilled in one to three days at a cost of $50,000 per well. These are shallow wells for gas, not deep expensive wells for oil.

Additionally, the gathering system is nearby and the main hookup is already available. The plan is to drill the first well and analyze the results. The timeframe for additional wells will be determined at that point in time taking into consideration rig availability.

The first formation that they plan on drilling is at 3800 ft. It is projected that this formation will provide one to three billion cubic feet (BCF) of natural gas valued at about $2.41 million to $7.23 million.

It is projected that each well will produce 1 million cubic feet (MCF) a day. Offset wells that are used for comparision purposes ranged from 1.1 to 2.4 MCF a day. As they say, your mileage may vary. At a level of 1.0 MCF a day, each well would provide over $2,000 revenues each day and 8 wells could provide over $16,000 revenues per day.

After a few of these wells are in production, CSMA will have an increase in Net Present Value (NPV). As the property contains an estimated 50 to 100 billion cubic feet, this will give CSMA an increase in Net Present Value of $70 million.

The location of this property is not currently being made public because the company is pursuing other lease potentials in the surrounding area.

The following link is provided as it is a close property and could give some insight:

biz.yahoo.com

This information was gathered by me and I welcome any corrections to this information.

David



To: TraderGreg who wrote (3819)12/17/1997 10:43:00 PM
From: KZAP  Read Replies (1) | Respond to of 11708
 
IMHO

There NEVER was a short squeeze. HYPE- Funny thing, CSMA is
a good company. I don't think those who were hyping it expected
it to do as well as it has. They knew some about it, but news
got better. They took their profits...the stock dropped.
Still, CSMA is a good company. The squeeze doesn't happen as
much as is believed. How many stocks out there? If I was to
short a stock, I think I would short one that REALLY has
some volume! Easier to hide it. The basic thing to remember
is, the mm's are pros. You can't beat a man at his own game!
You have to play by his rules. Or maybe you can catch him
off guard. Still, he's a pro, he knows how to get out of it.
They can play games with the stocks, and they do!
I know one thing, when I bought, MY trade was done while I
was on the phone and I checked the price on real time!
No one held my order. They could have held it some other way,
I could have been lied to or tricked, but I paid exactly what
the real time, and my broker, said it was.
Also, I don't think everyone called for their certs like they
said they did. Not that anyone is dishonest or anything.
I'm sure NO ONE on SI would do such a thing!
Find a stock that has strong fundamentials, low float and a
real low price, get a large wad together, buy up the whole
float, hype the Heck out of it, and sell slow! NO PROBLEM!

For those who feel they were taken advantage of, sell.
There won't be much pity here. This is where the pros play.
When they want to short a stock, you can't do anything about
it. I still don't think it happens as much to these small
stocks. BEWARE: Check it out BEFORE you buy! I couldn't
believe those who came on the thread and excitedly posted...
"I'm IN!" What is the news? What does CSMA stand for? Ect.
It was a real eye opener for me! HYPE
You have to do your own dd and read between the lines!

Thanks!
Still Go CSMA!!!!

LONGfellow



To: TraderGreg who wrote (3819)12/17/1997 11:44:00 PM
From: VBH  Read Replies (1) | Respond to of 11708
 
ROTFLMAO

~~Need a few minutes to compose myself~~

ROTFLMAO>................*choking ..turning red....*LOL*



To: TraderGreg who wrote (3819)12/18/1997 12:11:00 AM
From: VBH  Read Replies (1) | Respond to of 11708
 
Try this one on for size...and I apologize to everyone that
wont get it...JUST CLICK RIGHT PAST...*LOL*

*I have not laughed this hard in a LONG time.......

Before going to "RACING IN THE STREETS" the old drag strip out near the "DARKNESS ON THE EDGE OF TOWN"....the part of the old town referred to as the "PROMISED LAND, I was in "CANDYS ROOM" looking
at Dad's picture from the "FACTORY", ya know, Dad always had this look...like he was "BORN TO RUN", always feelin "TOUGHER THAN THE REST"...a "BRILLIANT DISGUISE" if you will...raised on the "BACKSTREETS"...we were about the same age when dad was
lookin for his "INDEPENDENCE DAY"...voice trails...

here it is...."VALENTINES DAY"..a day to always "BE TRUE"...never
a day to "ROLL THE DICE" ..*kicstarts the motorcycle.. Well, I am off...to go down to "THE RIVER"..out past the "CADILLAC RANCH"
passin the infamous "WRECK ON THE HIGHWAY", lookin for a town
called "JACKSONS CAGE" in "DARLINGTON COUNTY"...the sign to the old
drag strip says take a left at "THUNDER ROAD", go straight till you past the old pet store called "JUNGLELAND"....
only he never got there....the old bike broke down and he
didnt have any "SPARE PARTS"

~LOL~..WAS gonna say I didnt make it cuz I got shot "POINT BLANK"
but I thought it a little sick..*G*

AGAIN...APOLOGIES TO EVERYONE...*just having some fun*