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Microcap & Penny Stocks : Benz Energy (BZG.V) -- Ignore unavailable to you. Want to Upgrade?


To: RSkarsten who wrote (77)2/8/1999 7:04:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 272
 
Russ,

You're in the right place with Benz if you want instant action. Just heard that the test is going famously and we could hear late next week or the week after that at the latest.

This stock usually starts trading up about a week prior to any good news coming out so IMO its now time to step up to the plate on this thing if you want to get in on the action. If they can get to at least 20 mmcf a day I still feel this stock could get up to the $.70 mark easy.

The thing that's gonna keep a lot of folks from selling on the test news is that the next well in this dome, the Fortenberry, is due to hit total depth within a month or so. That well is targetting even bigger reserves than the Howell did! And by the end of the month the Fortenberry should be drilling through some of the higher zones of interest so most of the folks are gonna stay in for that show in addition to the Howell.

BTW, Mark (the Benz IR guy) answered one of my earlier questions today and said that the pay in the Howell _exclusive of the Harper zone (which they will not complete) was 227 feet! So you can see there definitely is something big down there.