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.

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

To: OFW who wrote (3503)	6/17/1998 11:14:00 AM
From: Richard L. Williams	Read Replies (1) \| Respond to of 4276

Re: The world knocking on their doors. I might agree, but look at the current world oil glut. Oil prices are at 14 year lows. If we were looking at $23 to $25/bbl, yes, there would be a clamor for swabbers, but fact is, there won't be much call for them until prices come up. The goldbugs on the Gold Price Monitor thread are painting a scenario of world calamity coming out of the Far East. If they're right, oil prices will be right back up there in the near future. I hope not, I don't own any gold! :-) Cheers! Rick

To: OFW who wrote (3503)	6/17/1998 4:50:00 PM
From: Steve	Read Replies (1) \| Respond to of 4276

An example of OFFIE lying: >>and so far the only units it has actually delivered are those it sold to Oilex --- and that number apparently never exceeded four or five --- at the most.<< Untrue folks... "The company's May, 1997 acquisition of Oil Retrieval Systems Inc. ^^^^^^^^^ (look at the date) allows it to develop reserves at a fraction of the cost associated with conventional techniques." ORS was manufacturing for Oilex and Titan at this point but the development of the 5th generation swabber was about 1 year away. I know at least 10 swabbers have been manufacutured during that time I'll get exact numbers later on in the week. You are so pathetic Offie.