Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RSkarsten who wrote (91)	3/9/1999 1:13:00 AM
From: JL	Respond to of 272

Go to the Benz website. You're clever. You'll find it without any other help whatsoever. Trust me. JL

To: RSkarsten who wrote (91)	3/11/1999 11:40:00 PM
From: Ed Ajootian	Respond to of 272

Russ, Just giving you a heads up that the bells are starting to ring on this one. The more I think of the key things going on right now, the more I believe it is getting close to the time to buy. The Fortenberry well should be drilling through the elusive H-5 and H-6 zones any day now. These zones contain the "mother lode" of gas in the Oakvale dome. Here, see for yourself: benzenergy.com. Notice that those deep H-5 &6 zones are estimated to have a total of 63 BCFE of gas, or 6 x the 10 BCFE that the Byrd discovered! Benz discovering that amount of gas would make this stock go completely idiotic. A conservative rule of thumb I use these days is that an mcf of gas in the ground is worth $.75. So with a working interest of 70%, 63 BCF of gas in the ground is worth $33 mm to Benz, or just under US$1 a share! If they are getting gas kicks while drilling through those zones, its gonna be real hard to keep that info a secret and the stock will start to creep up. Sure, our resident Big Seller will duly dump into the selling, but I think even he will realize that something big is on the near-term horizon and will cool his jets a bit if he sees the buying persist. In any event the next few weeks oughtta be pretty interesting.