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

To: Ditchdigger who wrote (2018)	7/8/1998 8:55:00 PM
From: Author51	Respond to of 3817

First off...There will be NO CONVERTIBLE DEBENTURES as far as I know now...Either "floorless" (which was the rumor mongering of several months ago) or otherwise...Second....As I pointed out the Nevtah-Tower deal is 60/40......Lets assume NTAH can work a similar deal with the JV.....EVEN at 40%....We are in a BIG win situation....IF, and I will qualify this the geologists are right on about MATAGORDA....which it appears right now they are.......The current estimate, and of course it COULD be wrong is that with a 75% certainty the estimated reserves should pan out.....YOU were the one who intimated that the deal with the JV would not be a good one...Yes, I used a little poetic license, however, since YOU seem prone to exaggeration, I seem to have been infected by the same virus......Please excuse me.....Peace