This is topic IDCN NEWS!!!! in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by rimasco on :
 
sorry for the second thread ....i just know some people are not interested in the first one
 
Posted by rimasco on :
 
if WMIN LEAVES............ohhh man KAAABLOOEY!!
 
Posted by Apollyon on :
 
Choo choo!
 
Posted by heynow on :
 
I come back from lunch and Ive double..Seems like alot of people missed the boat on this one.
 
Posted by BULListic on :
 
I like it when a company pays there bills early...going in for another 500k here at .0023

DALLAS, May 25 /PRNewswire-FirstCall/ -- The Board of Directors of Indocan Resources Inc (OTC: IDCN - News) reports today that the Company has made the final portion of the down payment due in accordance with an agreement entered into with Sunray Oil of Dallas, Texas, to acquire interests in two different properties.
The Agreement calls for another $100,000 to be paid by Friday, June 2nd, and we have done so as of today. Company president, Jeffrey R Bruhjell, said, "This gives us an absolute interest in the properties, we cannot lose them now."

The Oil and Gas Lease Sales Purchase Contract involves the purchase of two properties. The Properties are located in Taylor and Wichita Counties, Texas, and are commonly known as the Abilene Project, and the Waggoner Estate Project.
 
Posted by needthecash on :
 
moving back up!
 
Posted by networkdude on :
 
NEWS - Abilene Update: (taken from their website)

Abilene Site Operator Reports:

Friday, May 26--Tank battery set at surface and collecting oil from #1, they have just sold the first 580 Barrels of Oil. Well #2 is scheduled to start the completion process on Tuesday after everyone gets back from long-weekend. Five to ten days it will be online.

We have 15% Working Interest (fully-paid) 11.25% NRI (Net Revenue Interest) in two wells. These wells will typically flow 100 to 125 BOPD and will be operated at percentage of that to keep long term flow and not hurt the down hole structure.

We are now an operating oil company and will have cash flow starting in June.
 
Posted by superman7 on :
 
ok i am in at .0027

liking it cause it just turned green and has gone down a few days in a row could be a trend reversal lets see
 
Posted by superman7 on :
 
only 2 more mms till the .003s
 
Posted by scfraser1 on :
 
This should be a good runner today!!!
 
Posted by superman7 on :
 
IDCN..the .003's are coming
 
Posted by 1 For the Money on :
 
unfortunately i dont break even until .0042, so u know im hopin like crazy.
 
Posted by jehnidiah on :
 
It keeps going up and down, but I'm in at .0027, looking for >.003 by EOD, let's get some people in on this folks, it looks like a good one.
 
Posted by Hitman on :
 
Erly this morning i got 30,000 shares at .0023 liked what i was hearing u guys say... looks like a winner 2me... thx guys for the info
 
Posted by jehnidiah on :
 
Spread is 23x27, glad to see people holding strong at 27, but good time to get in if you're interested in a low entry, if you can get filled.
 
Posted by scfraser1 on :
 
We have News today, .0022x.0026 right now.
 
Posted by evensooner on :
 
Indocan Resources Management Visits Texas
May 31, 2006 7:12:00 AM
DALLAS, May 31 /PRNewswire-FirstCall/ -- The president of Indocan Resources Inc (OTC: IDCN) has been meeting all this week with Sunray Oil Company in Dallas, Texas. Indocan Resources has recently announced its investment in certain oil properties at Abilene, TX though Sunray Oil.

The #1 well at Abilene has been completed and is producing around fifty BOPD. #2 well starts completion today with an estimated production of slightly less than the first well.

Wells three and four have the greatest potential as they will be drilled on the area considered to be the formation dome. Sunray Oil Operations Manager, Larry Stiles said, "We recently acquired the leases from the rancher that was holding out that gives us the acreage over the main formation; we should make two excellent wells on that site."

The #1 well location is close to the border of this new acreage and flowed 120 BOPD when first opened. Although currently choked back, it will be slowly increased over the next nine months. We have high hopes that wells #3 & #4 at Abilene will be as good as or better than #1. Drilling at #3 will commence within the month.

Indocan has interests in Texas, Oklahoma, British Columbia and Alberta in both crude oil and natural gas production. More information can be learned by visiting our website: www.indocan.com

We seek "Safe Harbor"

Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president
CONTACT: Investor Relations, Ken Ash +1-252-728-2925.
SOURCE Indocan Resources Inc


----------------------------------------------
Jeffrey R Bruhjell
president of Indocan Resources Inc
+1-604-929-7224
or investors
Ken Ash
+1-252-728-2925
 
Posted by superman7 on :
 
i just bought in at .0018 as shakerzzz is starting this again and i think this is a bottom
 
Posted by superman7 on :
 
u/t

.0018 by .0019 now

he has started [Smile]
 
Posted by superman7 on :
 
.002!
 
Posted by superman7 on :
 
.002's are getting eaten!! about to turn green here soon which would bring some intrest
 
Posted by therustytrombone on :
 
in at .0019! Rally time!
 
Posted by superman7 on :
 
just turned greened
 
Posted by djg7 on :
 
I got a partial fill at .0019 and .002.
 
Posted by superman7 on :
 
starting to move as more find out it just turned green it will bring intrest peopel slowly finding out and so we are slowly going up [Smile]

but that will change soon :>
 
Posted by maumee river rat on :
 
whats your target
 
Posted by djg7 on :
 
Printing .0024!
 
Posted by superman7 on :
 
now printing .0023

maumee i am not sure maybe around .0029

it all really depnds on shakerzzz how much he puts into this he is saying he wants to seee .0058 but i dont know i would say maybe .0031

i am not really to sure though
 
Posted by superman7 on :
 
moving fast now and on not that much volume could be a big run when the real volume comes in!
 
Posted by Johnwayne on :
 
EOD runner here with gap in AM?
 
Posted by maumee river rat on :
 
I don't see 0058 in the charts , but like they say..ya never know
 
Posted by superman7 on :
 
from level 2 looks like we have no real resistance till .0027
 
Posted by djg7 on :
 
L2s

Bid 2x.0023 3x.002

Ask 2x.0024 1x.0025 2x.0026 4x.0027
 
Posted by superman7 on :
 
stalled alittle here could dip

may take some profits here not sure yet
 
Posted by rimasco on :
 
dammmmmm i sold 0023
 
Posted by djg7 on :
 
.0021x.0023. Not many trades EOD.
 
Posted by djg7 on :
 
EOD .0024x.0025. Nice gain.
 
Posted by superman7 on :
 
IDCN...breaking out here!

.0027 is the big break
 
Posted by superman7 on :
 
only 2 more mms till the .003's

this one is ready to move...and remmember its a oil play
 
Posted by djg7 on :
 
Go baby Go!!
 
Posted by superman7 on :
 
the walls are falling fast!!

this one could really run as its moving on light buys
 
Posted by superman7 on :
 
1 left at 31 after that its 33

this one is thin and is moving fast!
 
Posted by djg7 on :
 
.0033 on the ask!!
 
Posted by Prophet on :
 
get on now~!!!!
 
Posted by CRab on :
 
I see to many people taking profits when it gets in the mid .0030's

I think this one is done...
 
Posted by rimasco on :
 
careful with thath thing boys....we all know what this thing is capable of
 
Posted by superman7 on :
 
here comes the dip but we will head alot higher i think
 
Posted by superman7 on :
 
i just bought more on this dip
 
Posted by scfraser1 on :
 
get out the way profit takerzzz
 
Posted by superman7 on :
 
yup once they get out we will move...i think we will get up here again real soon back to 32-33
 
Posted by djg7 on :
 
What's with the 77777 trade?
 
Posted by superman7 on :
 
shakerzzz says he is going to buy the "shyt" out of this [Smile]
 
Posted by Hitman on :
 
Looks as if someone was using the lucky 7's i guess hope it works
 
Posted by Prophet on :
 
the chart pretty much speaks for itself, this is positioned for ++++++%%%% gain.. 2-3 DAYZZ!!!!!
 
Posted by superman7 on :
 
starting to move back up last time it took very little buying pressure to move up so i think we have a big day ahead of us as mms and profit takers are done selling
 
Posted by superman7 on :
 
3 mms on the ask till the .003's again [Smile]
 
Posted by Prophet on :
 
 -
just imagine if there is news...
 
Posted by superman7 on :
 
the .003's are so close lets get them this time!
 
Posted by superman7 on :
 
shakerzzz says he is buying a chunk again lets see
 
Posted by superman7 on :
 
i guess he wasent lying as here are the .003's lets see how much more he is buying we need to break .0033

come on
 
Posted by superman7 on :
 
.003 is thinning as buys are coming
 
Posted by Prophet on :
 
7,700 * .003 x 700,000*.003 lol, looks like resistance is easing
 
Posted by gatorboy2424 on :
 
what is shakerzz exiting at
 
Posted by Prophet on :
 
where are you getting your pink Level II's?
 
Posted by Prophet on :
 
target is .0059 <<< resistance point

quote:
.0059 key >> IDCN > BOUT 2 B ON FIREEEEEEEEEEEE !!!!!!!1>>> 3 day gazellez only >> no more fekin around > im back to take the top over again > IDCN > .0059 LETZ ROK GAZELLEZZZZZ

 
Posted by Prophet on :
 
Posted by: shakerzzz
quote:
IDCN > IF U PLAN ON SELLING TODAY > PLEASE DO NOW >> SO I CAN TAKE THIS PONY RIDE UP UP UP AND AWAYYYYYYYYYYYYYYYYYYYYYYY


 
Posted by superman7 on :
 
here comes the .003 break!
 
Posted by scfraser1 on :
 
Look at the L2, smooth sailing after .0030
 
Posted by Prophet on :
 
where you getting your pink L2's at? Im bettin blind!
 
Posted by scfraser1 on :
 
http://www.pinksheets.com/quote/quote.jsp?symbol=IDCN
 
Posted by djg7 on :
 
I get mine on power Etrade.
 
Posted by Teno on :
 
ask's
3x.003
1x.0031
4x.0035
3x.004
 
Posted by superman7 on :
 
i use www . alpha trade . com
 
Posted by Prophet on :
 
Thanks! Any streaming service? This is gonna FLY!!!
 
Posted by djg7 on :
 
Let's break through the .003 wall!
 
Posted by Teno on :
 
yeah lost a .003 mm finally 2 to go
 
Posted by djg7 on :
 
2 left at .003!
 
Posted by Prophet on :
 
.003's are thinning! 3x.0029 / 2x .003, no worry, this will continue to roll tomorrow!!
 
Posted by Teno on :
 
goneee
 
Posted by Prophet on :
 
.0031's!!! here we go!!!!!!!!!!!!
 
Posted by Prophet on :
 
.0032's are here.. .0035 around the corner.. here comes the mid day run
 
Posted by djg7 on :
 
L2s

Bid 2x.003 2x.0029 1x.0028

Ask 1x.0031 2x.0032 1x.0033
 
Posted by superman7 on :
 
come on lets break .0033

i want to see .004+ close today
 
Posted by djg7 on :
 
.0031x.0032!
 
Posted by Prophet on :
 
Posted by: shakerzzz
quote:
IDCN >> HUGE SHORT SQUUEEEEEEEEEEEEEEEEEEEEZE >> IM HERE FOR U MY MONEY MAKING GAZELLEZ AND IM GOING TO WORK HARD FOR THE SHAKER CREW
Posted by: shakerzzz 6/2/2006 11:22:08 AM
quote:
IDCN >> i dont eat sleep or get laid till .0059 hitzzz >> 0035 next wall

 
Posted by superman7 on :
 
IDCN...trying to break previous HOD!
 
Posted by djg7 on :
 
Looks like a wall at .0035. Let's hope we break through.
 
Posted by superman7 on :
 
yup, 3 mms till .0035 wall
 
Posted by Prophet on :
 
Posted by: shakerzzz 6/2/2006 11:32:34 AM
quote:
idcn >> I WILL ADD TILL MY HEAD CAVES IN THATZ HOW SURE I AM


 
Posted by Prophet on :
 
3x.003 / 1x.0031, 1x.0032, 3x.0035
 
Posted by Prophet on :
 
2x.003 1x.0031, / 2x.0032, 1x.0033 3x.0035
 
Posted by superman7 on :
 
from shakerzzz

"IDCN >> nothing left now > maybe little at .0038 but they will back off da gazelle crew no doubt >> MONKEYZ > moving to .004 > they are starting to feel the heat guyz > letz press hard after lunch >> idcn >> I WILL ADD TILL MY HEAD CAVES IN THATZ HOW SURE I AM "
 
Posted by Prophet on :
 
WATCH FOR .004 AFTER LUNCH!!
 
Posted by djg7 on :
 
Profit takers cashing in at .003.
 
Posted by Prophet on :
 
Posted by: shakerzzz 6/2/2006 11:43:18 AM
quote:
HOLD ON GAZELLE TEAM >> WE STILL HAVE NOT WON THE BATTLE WE ARE 25% INTO THE VICTORY >>> IDCN >> nothing left now > maybe little at .0038 but they will back off da gazelle crew no doubt >> MONKEYZ > moving to .004 > they are starting to feel the heat guyz > letz press hard after lunch >> idcn >> I WILL ADD TILL MY HEAD CAVES IN THATZ HOW SURE I AM

 
Posted by Prophet on :
 
IM HOLDING INTLL AT LEAST .0052!!!!
 -
AFTER LUNCH!!! 3DAYZ+++%%%
 
Posted by kt325ci on :
 
Nice chart..I've been buying some shares today.
 
Posted by djg7 on :
 
Here's the dip. .0026x.0027. Resistance on the bid at .0025.
 
Posted by I_Pick_Pennies on :
 
whao.... down to .0022
 
Posted by tonicma on :
 
I made good money on this stock 30% this morning than I dumped cause this is just a bounch.
 
Posted by Prophet on :
 
a small shake, some took thier profits.. this will continue +++%% for a few days, no worries, its on its way back up now... 1x.0026, 3x.003 on ask
 
Posted by djg7 on :
 
.0025x.0027. Hopefully this is going north again.
 
Posted by Prophet on :
 
yeah, it is, .0027's are getting filled!!
 
Posted by Prophet on :
 
bid/ask closing in SQUEEEZE.. we're going back up!!! 1x.0025, 1x.0026 / 1x.0027, 1x.0029, 3x.003
 
Posted by Prophet on :
 
http://www.indocan.com/home.html Only slowing demand can rein in oil
(and then there's Nigeria)


Fri Jun 2, 2006 9:10am ET
LONDON (Reuters) - Only an unlikely, significant drop in oil demand can achieve what OPEC has failed to do -- steer near-record prices back to the $50 a barrel level that consumers and producers say they can live with.

OPEC ministers meeting in Caracas promised on Thursday to keep pumping as much oil as their customers want, but on Friday prices remained stubbornly above $70 a barrel and in striking distance of April's $75.35 all-time high.

With global economic growth resilient -- the International Monetary Fund has forecast 4.9 percent average growth this year -- there is no sign of the sort of collapse in demand that followed the oil shocks of the 1970s and 1980s.

"Global growth is still looking robust," said Richard Batty, global investment strategist at Standard Life Investments, which manages worldwide assets of 118.8 billion pounds ($222 billion).

"Economic recovery is coming through in Europe and Japan. We have synchronized growth globally and need a lot of that to come off the boil. It is keeping prices underpinned."

The days when the Organization of the Petroleum Exporting Countries could dictate the direction of the oil price with a pen stroke are gone. So are the days when the group, supplier of a third of the world's oil, could genuinely be called a cartel.

The situation on the oil market today is very different from the 1970s and 1980s. The oil shocks of the 1970s and 1980s happened for a simple reason: there were sudden cuts in supply as a result of the Arab oil embargo and the Iranian revolution.

Supply worries are certainly an element in today's high oil prices. Turmoil in Iraq and fears that a dispute over Iran's atomic program could halt supplies from the world's fourth biggest exporter have added an estimated $10-15 to the price.
 


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