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


To: Steve who wrote (2951)8/17/1998 4:04:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 3817
 
<Since they have secured some financing > What financing might that be? The convertible credit line?Have you been able to verify the current share count? Have you spoken to Dan in regards to the share count? To the gag order placed on the TA? TIA DD
PS: hate to harp on the TA gag order..but that is a huge red flag,IMO
How is this company acquiring new fields,with only cash flow from one well?(250-300 b/d) Cash from the sale of stock? Issuance of new stock?