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very cheap now at .0230--o/s only 223m and float 117m. they have purchased 5 producing wells and are going to close 8 more wells before july 31..they have also announced dividends for a spin off IPO..with a low float and o/s , this can run like EFCR to 10 cents and above..oil stocks are always hot now with increasing global demand especially in India and China http://finance.yahoo.com/q/ks?s=ARET.OB
Arete Industries, Inc. Subsidiary Purchases Producing Oil and Gas Properties Thursday July 14, 4:39 pm ET Colorado Oil and Gas, Inc. Purchased Five Working Interests in Producing Wells in Oklahoma
Arete Industries, Inc. Sets Record Date for Dividend-Spin-off of Oil and Gas Subsidiary Wednesday July 13, 11:18 am ET Company Takes the First Step of its Restructure Strategy to Make Colorado Oil and Gas, Inc. an Independent Public Company
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very cheap..still trading at .0124..news expected anutime..nice bottom here
BchOus
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News of spinoff is out as of 8/26. I see the stock is trading heavy today. Does anyone have info as to the Colorado Oil and Gas (COG). It does not seem to be the ticker symbol COG. Thanks......
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