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

To: JL who wrote (97)	3/10/1999 7:05:00 PM
From: Ed Ajootian	Respond to of 272

JL, The name of a particular well is rarely the same name as the prospect in which it is located, I believe to avoid confusion about which of the two is being referred to. Since Glancy is not on the Benz "A" list of prospects I would not think it is of much help to understanding the Benz story, to dwell very long on this prospect. If it still is bugging you I'd suggest calling or e-mailing Mark Kahil at Benz. I'm really psyched to see this turkey get down to all-time lows, just when the big seller is about to dump more of his position. As long as nobody screws it up and starts buying this we are gonna be in great shape come next month. If Benz had any brains they would hold off putting out any news for at least the next month, so as to quietly help the rest of us out and force the seller to dump his stock in a news vacuum. They could do this if they just don't put out any news on the Fortenberry hitting total depth. Look at all the stock being offered at these low prices. The seller has finally capitulated and now its just a matter of grinding him out of his position. See you at C$.20!!!

To: JL who wrote (97)	3/17/1999 10:54:00 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 272

All Benz fans, Brace yourself --- the Fortenberry is just a football field away from the key zones of interest. This is a "make-or-break" well and the Big Seller is no doubt well aware of this. It would not surprise me to see him start dumping the hell out of this stock over the next few days. If in fact he dumps this would be an extraordinary opportunity to load up on this stock. They already know from the first time they drilled in the hole that the well has found commercially producible gas. The only question now is whether in addition to the stuff they found up-hole have they also hit the mother lode of 63 BCF of gas that is estimated be down deep. Sometime prior to April Fool's Day the answer should become apparent. If he doesn't dump then I would even be more bullish. This would indicate that he is either: 1) confident enough of the outcome that he does not see fit to take down his position prior to learning the answer, or 2) realizes that Benz has enough other things going for it that just missing this one well will not be the end of the world. I still hope that Benz doesn't put any announcement out after the well is logged but before it is tested. Better to keep it unofficial so the Big Seller does not get the benefit of selling into the torrent of buying that would occur.