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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?


To: Just My Opinion who wrote (1544)6/23/1998 11:39:00 AM
From: Howard Kirk  Read Replies (2) | Respond to of 3817
 
I talked with Canyon today.

Got alot of clarification on the business direction. I guess I was the only one in the dark about things.

NTAH does not need the extra two permits for drilling. They have decided to work with a larger company (possibly BP) to actually do the drilling on the Island. NTAH surmises that the large amounts of gas are in the Frio formation. They don't have the money to drill so they will JV with this larger company.

NTAH has decided to direct their limited funds into the stripper wells technology. This has great potential, but it will take awhile to really get it going. They are completing beta testing and my guess is this will be the news release this week talking about the results of this beta testing. If all goes well, then they will pursue leasing or purchase of 5000 wells.

I wish now that I had done a little more DD on this company last December. I think I got caught up in alot of the exitement of this company. I believe NTAH will do very well in the long run, but that is exactly it (the long run). Several years down the road to really get it going (hopefully shorter time frame).

It wouldn't surprise me to see much lower prices before they move up. But that is only my opinion. I never thought we would see the mid twenties.

Hope some of this info helps. One last thing, NTAH is producing around 85 gallons a day from their Borcher #1 well, so there are some revenues coming in.

Howard



To: Just My Opinion who wrote (1544)6/23/1998 6:35:00 PM
From: Alan Brezin  Read Replies (1) | Respond to of 3817
 
John and ALL,

I have been out playing a practice round of golf for the U S Senior Open Golf Championship Qualifying tournament so I haven't been following the stock. Are we out of the $.20's yet as you predicted.
Of course you didn't specify below .20 or above.20. I think you may be close on the below .20 unfortunately. I bought 5000 more shares yesterday on your prediction by the way.

Anyone or anyone have any money left to sponsor a senior touring golf professional. I am a rooky because I just turned 50. If I get a big endorsement I will have to share it as well as winnings with my sponsors. Tiger Woods got $30 million from Nike alone.

The way I am playing now you have a much better chance of getting rich sooner investing in Alan Brezin, Touring Senior Golf Professional than NTAH and NTAH is a good investment. I don't pollute except for word pollution. I am serious. If I qualify next week look for my name in the sports page or watch me on TV July 23 through the 26 playing in the U S Senior Open Championship played at Riviera CC in Pacific Palisades, CA. Of course if I do very well the price of sponsorship goes up commensurately. I would be a natural for an endorsement contract from several Pharmaceutical companies whose medicines I take to stay well for senior related ailments as I am post heart transplant. What a great tie in! Here I am well enough to play professional golf as a result of the use of modern medicines to treat my osteoporosis(Miacalcin), high blood pressure(Norvasc), gastric problems(Prilosec), cholesterol control(Pravachol), etc.. A pretty good endorsement of all of these products and more.

Don't worry, I am very strong and healthy. These are normal post heart transplant medicines and I take less than most to get the benefit.

Interested parties reply to my email:

alib@earthlink.net

Regards,
Alan Brezin