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 : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: Ajay who wrote (2163)	12/24/1997 1:56:00 PM
From: OFW	Respond to of 4276

Happy Holidays Ajay. Offie EOM

To: Ajay who wrote (2163)	12/24/1997 2:32:00 PM
From: straight life	Read Replies (1) \| Respond to of 4276

"...and we can actually concentrate on the oil production." What oil production is that? My understanding, from reading Omar and the baron, is that even though this company has no debt and many oil (laden? producing? phantom?) properties and only 4 employees, is that it would quickly go out of business were it not for the largess of its "consultant", Allen Burditt II. That tells me that there is little to no oil production because, (reading between the lines) if there's no debt and only 4 employees, how much production do you need to stay in business??? Understand me here; I WOULD like to hear MUCH more about production... wasn't Larry Sallee talking only a month ago about ...was it nine drilled wells by new year? Anyway, if anyone would like to comment about production as of TODAY as compared to last month or Australian (no more weather bs; it's balmy summer there) royalty payments: I'm all ears.