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.

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

To: B. Thomson who wrote (1875)	4/23/1998 8:49:00 AM
From: CLK	Respond to of 3335

I agree that .75 is the buy point. SIR is a real bargain here as is ERB. In fact, this is the "best buy" so far as anyone buying here is paying a pretty low price and has such a short time to wait for an answer. However I do not think there will be enough time to buy much volume. As you said, no one can wait forever. Assuming that the majors are interested for the reason that they hit something substantial, then the main players will need to get something done within the next month or two imho. So anyone who buys here has a pretty short fuse to work with. Patience and luck are needed.

To: B. Thomson who wrote (1875)	4/23/1998 2:41:00 PM
From: CLK	Read Replies (1) \| Respond to of 3335

I think the bottom has been seen on SIR and ERB. .70 and 1.05 were the numbers I think were the low trades and I think that SIR at .70 to .80 were lucky buys for those who bought there. The fact that the volume dried up at these levels is a very significant technical sign inho. Hope some of those on this thread got some. In any case you just do not keep the interest of major oil companies unless you have something to interest them in. One can conclude they hit something based on such deductive reasoning. Coal bed methane projects are big projects, very very expensive. Companies the size of Epic/Safari have no chance to develop them alone. Buying low always seems difficult but that is exactly what one must do if one is to do well in thinly traded junior speculative issues. All fingers crossed now.