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

To: Just My Opinion who wrote (2919)	8/14/1998 10:50:00 AM
From: SAM-DAN	Read Replies (2) \| Respond to of 3817

What is Nevtah's total daily oil production right now?I suspect, if any, not enough for us to be worried about the world spot price of oil or gas for that matter.First lets see a large increase in production figures before we start corelating NHAT stock price to world prices. More concerned that Canyon, the supposed pr firm for NHat has been reported on this thread as actually recommending switching to another stock.Have they lost their contract or their faith in Nevtah.Or the may feel the J/V is not going to happen for quite a while, the stripper well deals are long term and the stock they are now promoting will give a faster return and enable shareholders to return to NTAH at the same price as now in a couple of months.Not a promising role for those of us who are long NTAH, Comments?

To: Just My Opinion who wrote (2919)	8/14/1998 12:00:00 PM
From: Pageup	Read Replies (2) \| Respond to of 3817

I was waiting for that, but, an increase of about $8.00 a barrel would really kick some butts in this industry... Personally, I like paying .779 for a gallon of gasoline, just like everyone else. But it's a balancing act between reality and fantasy. The reality is we got cheap gas, but the fantasy is that we'd like to make money on our oil stocks. And as long as OPEC is in competition with every other swinging oil producing country, and they're out to make money, there's not a lot of hope for large profit margins from US based oil producers..... Except where NTAH's stripper well technology is concerned. It's definitely the better mousetrap, and once deployed in significant numbers, should allow the PROFITABLE production of oil here in the US, even at these crude prices (pun intended). Those stinking OPEC types, man, shove a pipe in the sand and money comes out.... Hopefully, that's what we'll all have when NTAH's wells begin to produce. :-) And anyone that thinks that the "spot" price for a barrel of oil doesn't affect an oil company's stock price when they're looking to drill and produce "oil" needs to do a reality check, as well as some more DD. Why aren't we producing more of our own oil here in this country now? Think about it for a second.... If I had a chance to make a profit of $5.00 per barrel today versus $12.00 tomorrow when prices go back up, wouldn't my potential earnings per share also increase??? bigcharts.com