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Microcap & Penny Stocks : Kelly Oil (KOGC) -- Ignore unavailable to you. Want to Upgrade?

To: wolfdog2 who wrote (37)	12/25/1998 1:33:00 PM
From: privatesmith	Read Replies (1) \| Respond to of 50

wolfdog2, buying into this one in my opinion is a play on reserves, hidden, and yet undiscovered or announced value...it's no earnings play...in the current pricing environment for natural gas, it won't be very long before prices are below a dollar-fifty per mmbtu or mcf or whatever...I would feel a lot better if it could average out at $2.25. Wish I could feel better about this one. What does Contour have in it, a dollar per share? They're underwater? Might get interesting at 25c? Hope you can understand my uneasy feeling. Ed