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

To: Richard L. Williams who wrote (2937)	3/11/1998 11:37:00 AM
From: Larry Sallee	Read Replies (1) \| Respond to of 4276

Rick- I don't think any company is going to satisfy the information hunger of the market. It is one of my frustrations as well- it seems to be a consistent theme of most if not all of the threads and I complain too. I have posted many URLs about coal seam gas development in West Virginia I came across in researching these properties. I assure you there is information you can dig out that, at least in my view, helps to evaluate this property. There are maps of other producing gas fields in line with this location. Government projects on going that report from time to time. Other Companies drilling- The State University has a whole school to hunt for papers, programs, and reports. The same is true of the other properties. My lay opinion is there is value and the 2.2 million would go a long ways to develop any of the properties. I think the royalty property will produce a lot more income in the future as wells are drilled but I also believe it is a bird in the hand. IMHO only Larry