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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 (1792)6/30/1998 12:35:00 AM
From: Alan Brezin  Read Replies (1) | Respond to of 3817
 
Just checked in to see the days rationalizations.

A good policy, IMO, would be to opin on the likelihood of certain events taking place and what the ramifications from those events would be. It would be very wise, imo, to avoid projections of stock valuation particularly with these very manipulated penny stocks.

In other words discuss only the things the company is working on and how potentially positive or negative their coming to fruition would be avoiding projections of stock reaction in the short term. As an example, TGLEF has just had a Production Sharing Agreement with The Republic of Yemen ratified by Yemen's parliament on an important international oil concession, and they have a very capable JV partner who has agreed by signed contract to pay the initial exploration costs, which puts the company in the position to make millions of dollars in the next few years. The stock is languishing but the company should have substantial cash flow in a couple of years. Lord knows what the stock price will do in the interim but the company has the foundation for major growth. Rip Van Winkle would be very happy to be invested in TGLEF because he would be part owner of a medium sized international producing oil and gas company upon waking up from his slumber after going to sleep owning a micro junior producing domestic oil and gas company. If the stock didn't go up with these changes then he would have a company capable of paying handsome dividends or buying back its own stock at least, IMO.

Regards,
Alan

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