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


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Posted by ohio_trader on :
 
this has been volatile lately ...looks ready to make another run up real soon


****this is from last week***

>>>>>a new PR should be out soon

----------------------------------------------
Press Release Source: Indocan Resources Inc


Indocan Resources Management Visits Texas
Wednesday May 31, 7:12 am ET


DALLAS, May 31 /PRNewswire-FirstCall/ -- The president of Indocan Resources Inc (OTC: IDCN - News) 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


***do your homework***

Ohio_Trader
 
Posted by superman7 on :
 
shakerzzz is buying this is good for some gain from here
 
Posted by superman7 on :
 
shakerzzz says he will take this to .003
 
Posted by Fuzzy1018 on :
 
stop with your shakerz man
 
Posted by superman7 on :
 
.0023 getting hit
 
Posted by superman7 on :
 
fuzzy u are crazy to tell me to stop cause look what his plays are doing u are really missing out buy not playing these
 
Posted by Hustla on :
 
Who in the hhell is Shakerz???
 
Posted by Fuzzy1018 on :
 
i got burned few times with ur plays
 
Posted by superman7 on :
 
.0024 on the ask already a quick 10% i am still holding for about .0027 or .0028
 
Posted by ohio_trader on :
 
moving back up...could get a mid-day runner
 
Posted by superman7 on :
 
fuzzy, i appoligize about that and i think right now the market is bad and now stock is running more then 50% and i am making onn almost every stock because with these conditions am happy with only 10-20% and i think if u build that same stratigy u will be fine...i am sorry that u lost on some of my plays its just i wouldnt chase nothing in this market...and it seems to me right now the only plays that i am making real money on are shakerzzz plays so i am jsut really watching those right now

quote:
Originally posted by Fuzzy1018:
i got burned few times with ur plays


 
Posted by superman7 on :
 
yes ohio, i am only looking for maybe 26 or 27 can go higher but with this market its hard to get a big winner


goodluck to u
 
Posted by superman7 on :
 
.0023 by .0024

2 by 1
 
Posted by kt325ci on :
 
Abilene Update:

Completion Report:

June 5: We should have a report from Abilene #2 today or tomorrow concerning the completion work. Hole #3 will commence immediately. We are excited about #3 & #4 as we hope to hit the formation dome on these drill sites
 
Posted by STOCKGANGSTA on :
 
seeee if you play shakkerz play right you will make money

THIS THING IS MOVING
 
Posted by ohio_trader on :
 
up to .0025 now...
 
Posted by kt325ci on :
 
.0024 x .0025 1x3
 
Posted by superman7 on :
 
yup i am already up about 15% on $2000 thats already $300 i can walk away here and get a nice lunch...if u do this everyday u dont need a job!
 
Posted by cactus33 on :
 
wow, there went that.. glad i stayed away
 
Posted by ohio_trader on :
 
it's not done yet............
 
Posted by jaescobar22 on :
 
FUZZY, Don't tell someone to stop posting because you get burned, shakerzzz plays make lots of people lots of money, and the not so lucky ones lose some money. Superman can post what he wants, just set him to ignore, if you think you are going to get burned.

Remember Fuzzy, buy around the low, not at the High of the Day or Top of the Run
 
Posted by hovibaby316 on :
 
who is shakerzz?
 
Posted by hovibaby316 on :
 
anybody in on xkem?
 
Posted by krquinn on :
 
I am curious too...who is shakerzz??
 
Posted by krquinn on :
 
Found it
 
Posted by lukin4winners on :
 
Waiting for a pr update on the Texas drill sites any day so rumor has it....
 
Posted by gatorboy2424 on :
 
yeah im in on this one too, is it suppose to be coming today?
 
Posted by McShooter on :
 
Buying more at these prices!!! Loading up for the big run!!!

500 into 100K...You Gotta' Believe!!!
 
Posted by I_Pick_Pennies on :
 
Not sure how this is going to effect the market....

Indocan Resources to Refocus on Texas and North America Only
Thursday June 8, 2:24 pm ET


VANCOUVER, British Columbia, June 8 /PRNewswire-FirstCall/ -- Indocan Resources Inc (OTC: IDCN - News) With our recent success in Texas and the lack of success or even acceptable communication with our Thailand and Cambodia prospects the Board of Directors has decided to stop pursuing these Far East projects previously announced. The Board of Directors has also removed Sutida Suwunnavid of the Knightsbridge Group, from the Board.
We will be attending the all important industry Global Petroleum show in Calgary, Alberta 13 to 15 June. The Global Petroleum Show is Canada's largest oil & gas industry trade event, attracting over 1600 exhibiting companies and 50,000 visitors from 85 countries. In recognition of the tremendous new opportunities for U.S. exporters in the oil & gas reserves of western Canada, the U.S. Commercial Service is organizing a U.S.A. Business Center right in the heart of the show. Participants in the 16000 Sq. Ft. center will receive exhibitor space, a market briefing, 4 - 6 pre-arranged appointments and a U.S. Consulate hosted reception.


More information is available at www.indocan.com.

Company Info: +1-604-929-7224 Jeffrey R Bruhjell, president

CONTACT: Investor Relations, Ken Ash +1-252-728-2925
 
Posted by kt325ci on :
 
I got out yesterday at .0024 for a small lost and was happy to be out of it. Too much negative mojo with the stock right now.
 
Posted by scfraser1 on :
 
I'll pick up a nice piece if it drops to .0012.
 


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