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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?


To: Eng Works who wrote (1817)12/24/1997 10:48:00 AM
From: Findit  Read Replies (2) | Respond to of 4821
 
PR blitz - some concern?

From today's release:

>>BAKERSFIELD, Calif., Dec. 24 /PRNewswire/ -- Tri-Valley Corporation (0TC Bulletin Board: TRIL) today announced that a dry natural gas well now being drilled in Tracy, California, could, if successful, produce revenues in excess of $600 million and 300 biliion cubic feet of dry natural gas.<<

Sounds like hype to me. I have been in and out of TRIL a couple of times and did plan to get in again soon. But these recent press releases have me concerned that the CEO may be going through a change of personality. From nine months of silence to outright irrational exuberance does not seem to lead to credible leadership.

Traders may make some bucks in the next month but long termers may be in trouble.

Hope I am wrong. Will keep a close eye on TRIL and I am open to a change of heart.

Jim