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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) -- Ignore unavailable to you. Want to Upgrade?


To: Praxis who wrote (1550)2/24/1998 7:28:00 PM
From: Chuck Rubin  Respond to of 3335
 
Praxis, what is it about the project that makes this major newsletter writer lack confidence of its success??? Anything concrete?
It would be good for us on this thread to know.

Chuckr



To: Praxis who wrote (1550)2/25/1998 3:23:00 AM
From: the truth  Read Replies (2) | Respond to of 3335
 
One has to realize that CBM is not widely understood. Many analysts do not even know the intrinsic value of a big hit. In fact, most people are more aware of traditional investments in exploration like base metals and diamonds.

However, the low volume could also be that anyone who knows this play intimately has already bought and has secured positions. Remember, the stock went up to 3.25. I think anyone who bought at these levels, and I think there were a lot of them, are not going to fork out more cash and risk despite the prospects. Right now, we only wait and see what happens.

Alot of people are frustrated, including myself. But in the big picture, like many exploration ventures, it takes a lot of time to get all logistics worked out.

I think at this point we all have to remain patient. No use speculating now. They either hit or don't. I don't know what will happen, but worrying at this point will only make one go insane. So keep cool and let's hope we get some big gas reserves. I really hope. Portugal sounds really nice.

Although it would be nice to see good volume, volume and stock price never reflect the net worth of the company. Just take a look at BRE-x. All full of hype and bullshit on a huge scale but had nothing.
Brutal!!! I don't know what Epic's value is, but we will find out soon enough.

Good luck to everyone on this thread and all shareholders.

The Truth.