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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?

To: R.E.B. who wrote (122)	6/19/1998 12:25:00 PM
From: Andrew H	Respond to of 2153

I am buying at 1 1/2 or less--I suspect the company is buying in that range as well. The company is still a BB and I bleieve strongly in diversification. Regarding book value, weren't yourfigures closer to 28 than to 23? The main problem is is that it is a Russian company, so we do not have the details about how the reserves were evaluated. If the reserve figure turns out to be accurate, we will be off to the races. As it stands now, no one believes a little BB company has the assets that LEAH claims. And remember, the 600M figure is just for reserves and does not take into account their drilling supply busines...