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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Ricker who wrote (5719)	6/30/1998 5:58:00 PM
From: David Coakley	Read Replies (4) \| Respond to of 6735

Actually Asensio claimed there was no recoverable oil in the leases that Solv-Ex had. This preposterous claim was made despite the fact that oilsands all around Solv-Ex' had been proven to contain recoverable oil. If Solv-Ex had recoverable oil in its leases (using "conventional" technologies) and it thought it could extract 60-90,000 barrels per day why do you suppose they would ever concoct a scam to defraud investors instead of simply developing the leases? I recall a lot of libelous accusations that the company was fraudulent, a scam, and was "worthless" (or .02 cents). Now that Solv-Ex has been FORCED to give up these leases the truth is out and nobody is crying fraud or scam. Why is that Ricker? David