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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Maggard who wrote (2200)12/31/1997 1:21:00 PM
From: FARRIS  Read Replies (1) | Respond to of 4276
 
Up 3/4 of a penny all of a sudden -- interesting since there seems to be no reason for it.



To: Eric Maggard who wrote (2200)12/31/1997 7:11:00 PM
From: Jeff Redman  Respond to of 4276
 
I own stock thru a private placement in an oil company called Warren Resources. One way the ceo said to value an oil company is to find out what the proven oil reserves are. I assume you then find out the price of oil and then the number of shares? I just remember him saying the proven reserves are important.


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