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 : DALTON RESOURCES DAL:ASE -- Ignore unavailable to you. Want to Upgrade?

To: grayhairs who wrote (333)	5/9/1998 4:17:00 PM
From: Michael M. Cubrilo	Read Replies (1) \| Respond to of 486

I believe that somewhere along the line, someone had said that a DST was not done on the Strachan well. I think your post has just displayed what we are arguing about. We do not know what the Strachan well holds until further analysis. Hence, we are speculating. In RIK's example. if I said to someone who is not in the business: "Our well has hit 20 feet of gas pay. Logs are encouraging, with a strong crossover indicated, and a high resistivity indicating good porosity in the reservoir. We believe it to be a gas bearing reservoir. Gas shows were seen from the well cuttings. We are encouraged by our indications so far." What have you ACTUALLY got in the above example? My paragraph above is comprised from the information RIK provided. Now, if an investor is not in the biz and is without the advantage of your years of experience, what does the above paragraph sound like? Precisely. And what have you ACTUALLY got, in the above example, by your own admission? Less gas than a 2 beer fart. We need more information... until then, the play is speculative. SHOW ME THE GAS! mike