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Gold/Mining/Energy : Anvil Resources (V.ANV) -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (1794)8/12/1998 4:31:00 PM
From: SAM-DAN  Respond to of 2214
 
These zones have a history of flow starting slowly and then growing to a much high sustained rate.Once all the frac material has been removed[which will probably take a couple of days as we Believe they did not use CO2 which accelerates the clean out] then they will monitor the flow rate of the comingled zones until satisfied that it is stable and then announce results.Probably on Monday{remember that's Anvil time}
This is very exciting because it would appear they have been able to at least partially refrac the second zone as well.Our sources say they will almost definitely have to chock the flow rate as we believe the collection system will only accept 8-9 mcft.
All the above is from more than one source and they have been very reliable in the past.If you want to be very conservative wait for the flow rate is announced.If it is as advertised then the upside will be tremendous and you will have time to get in.This way you only risk the rise between now and Monday.In this choppy market that might not be that great.If you are already in, you'd be leaving a lot of money on the table for those who would buy your stock.Don't worry about large offers showing up.There are a lot of shorts trying to get out.A number of US buying is waiting to see the flow rate and then plan to come in.Again the last statement is from a Broker source so never be sure that it is factual.Everyone has their own agenda. Good luck to all.



To: Stew who wrote (1794)8/12/1998 4:37:00 PM
From: overbyte  Read Replies (1) | Respond to of 2214
 
It will be interesting to see what the newsletter boys can find out. News always leaks out. Stay tuned-in.

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