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

To: David Coakley who wrote (5720)	6/30/1998 8:43:00 PM
From: Larry Ricker	Respond to of 6735

I briefly looked back through the reports on the www.asensio.com site. I found nothing saying that there is "no recoverable oil." I did find: "Solv-Ex's claim to possess reserves that have a significant per share value is completely false and untrue." Also, to repeat from the UTS release you posted: "Dependent upon the results of the drilling program, long term production from the leases is anticipated to be between 60,000 and 90,000 barrels of bitumen per day using available technologies." Note the words "dependent," "long term," and "anticipated." I'm afraid your claim that "the truth is out" is a bit premature. You are certainly correct about Asensio calling SOLV fraudulent, however.

To: David Coakley who wrote (5720)	6/30/1998 11:04:00 PM
From: Mama Bear	Respond to of 6735

David, when are you going to let it go? The shorts have all covered for the most part, and moved on. The only reason I still come to the thread is because I made a promise, and I always keep my promises. And, what makes you think there is recoverable oil, just because someone else comes along and starts making the same claims that SOLV did? Fool you once, shame on them. Fool you twice, shame on you. See you at .02, Barb

To: David Coakley who wrote (5720)	7/1/1998 12:31:00 AM
From: Gary L Schultz	Respond to of 6735

Dave, I never said that the lease didn't contain recoverable oil. Not that it makes much difference. In fact, SOLV seemed to recover at least 500 barrels of the stuff. Too bad their cost for the recovery was $29,990.00 per barrel over the spot price of bitumen - that's all. I'll go on record to say that there are minerals in that lease as well. However, SOLV will never see any of them using their process. As I wrote once before, Iowa has a lot of gold. Trouble is, it would cost more to refine it than gold is currently worth. I suspect the same is true of the tar sands in Alberta. Anyway, you continue to amuse me with your posts and accusations - I always read your posts first! Oh. With regards of being sued by anyone for voicing my opinion about this worthless, fraudulent, scamming company, and for the boldface lies and crooked management of said company. I have about as much fear of legal action as I do of being sued for the sun coming up each day. Your seeming belief that everyone who ever uttered a foul word about this company is somehow liable for the condition it now finds itself in only underscores your lack of understanding Dave. Again, move on Dave. Gary

To: David Coakley who wrote (5720)	7/1/1998 9:19:00 AM
From: Sid Turtlman	Read Replies (1) \| Respond to of 6735

David: I may be flagged for piling on, in view of the intelligent responses of Larry, Gary, and Barbara to your continued belief that short sellers were to blame for this company's demise, but I have one question for you: Was it Solv-Ex's management, or the short sellers, that raised tens of millions of dollars (I forget the total), promised that it would be enough to bring the plant to commercialization, and then made the money disappear down a mudhole?