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Re: sps50 post# 23780

Monday, 07/14/2008 12:24:03 PM

Monday, July 14, 2008 12:24:03 PM

Post# of 42756
Thank you for that update. I along with alot of other folks here have recently started to invest in penny oil and mining stocks. I recently took a tour of the sutter ridge mine in California when my wife and I were on vacation. It is now a tourist attraction, although is in the process of soon being converted back to functioning with the high price of gold according to the guide who is still an actual certified miner (their company still has active mines elsewhere) he said this trend should continue and pick up rapidly as at current gold prices it has become extremly profitable to mine gold again. I also have been doing some DD on oil drilling. Apparently the reason all of these old wells are now being "tapped" again is thru new drilling/harvesting techniques there was still lots of oil to be had in these old wells that they did not have the technology to reach back 20 yrs ago or however long ago they were capped. T Boone's new commercials also have me very excited about the new potentials for natural gas. Gl Dave