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Gold/Mining/Energy : Amalgamated Explorations (AXPL) thread 2 -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Williams who wrote (173)	3/5/1998 12:02:00 PM
From: SnakeInATuxedo	Read Replies (1) \| Respond to of 269

And if we had some ham and cheese, we could have a ham and cheese sandwich..... if we had some bread.

To: Jeff Williams who wrote (173)	3/5/1998 4:39:00 PM
From: per strandberg	Read Replies (1) \| Respond to of 269

Jeff, It is always nice to see that this thread shows some form of life. However, it is even nicer to see the Ask jumping to $6.50. Not only that, there have actually been some (small) trades at the ask these last few days. There must be somebody figuring "What if one of these monster wells would be on AXPL holdings!". As an interesting, albeit unrealistic, exercise, plug in 100% instead of 1.5% in your calculations and divide by the published number of shares. Slap on a modest PE of 8 and voila!...$6/share is starting to look extremely good. This dream may be only 1 mile and $8 million away! Regards ps