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To: Moonglow who wrote (11221)6/10/1998 11:47:00 AM
From: DavidCG  Read Replies (2) | Respond to of 11850
 
Juanita,

Exactly... If you have the reserves in the ground... and it costs more to extract than it does to produce... you have nothing of value at that moment in time.

Look at a 2 year chart of OIL... we are at record lows for this commodity.

That is not good for ANY oil company, much less a penny stock oil co.

-DavidCG