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To: sandstuff who wrote (6181)7/27/1998 11:45:00 AM
From: chip  Respond to of 11684
 
I agree. Some of us invest in this way anyway, and liked what the Rocketeers had to say. I'm also still here, and bought a few more this AM.

Chip



To: sandstuff who wrote (6181)7/27/1998 11:48:00 AM
From: Moosie  Respond to of 11684
 
I am still here holding all my shares, wish I could add more at these prices but cash is tight. I have been disappointed in some on this thread, I won't name names, when the s**t hits the fan you learn quick who your friends are, who is really long and who just says they are. I'm with you sandstuff holding long.

BillC



To: sandstuff who wrote (6181)7/27/1998 11:53:00 AM
From: eric deaver  Respond to of 11684
 
Hey,

I'm no TA man but looks like we have some support (and buying?). Looks like the spread tightened up as well.

Eric - still sitting on my shares.

BTW, if Tod is correct and we have 6000 acres mainly in Raliegh and Lincoln County for the original 50MM restricted, there is going to be a lot more coal (and hence CBM) than I originally calculated. If I can, I will try to rework me calculation. Remember the following facts:

Average tons of coal / acre in Raliegh & Lincoln County is 3575 tons/acre.

Each ton of coal over the adds 400 scf CBM to the reserve.

It does not matter for the CBM reserves if the coal is economically recoverable.

At 6000 acres, this adds up.

Eric