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Micro Penny Stocks, Penny Stocks $0.10 & Under
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PGPM..HUGE ALERT..LOOK AT THE PR JUST OUT!
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[QUOTE]Originally posted by gfinney: [QB] I like this post, it's from another board.. It won't matter if the evaluation comes in less than the 900 million estimated barrels in reserve. The significance of the next Pr is it's an external, 2nd party valuation completed by an extremely reputable firm. It adds INSTANT credibility, as opposed to the company itself claiming X..Y..Z.. numbers. It adds an INSTANT benchmark with which the "market" can utilize to formualte a realistic value and pps on PGPM. Up until THIS current point, it has been the company's word. And although the word of the company may be gold for all anyone knows.....as far as markets go........especially pinksheets......outside, credible verification of any company goes a LONG LONG way. it's my personal opinion that PGPM knows dam well what they have, and quite possibly, undershot it's original estimation of 900 million barrels in their May 1st PR just so they can beat street estimates when the time came. One never knows. I just can NOT see PGPM taking a chance, paying for an evaluation and not knowing full well what they have already......this evaluation is more likely to be a formal iceing on the cake.....something to be used as meat for the market to chew on. [/QB][/QUOTE]
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