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Do these idiots selling @.025 even know theres a world out there? Let alone that oil prices are gonna move much higher on IRAN news. Accumulate is all I can say!
Rick
-------------------- Nothing moves a sub like news!!!
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bond006 Thank you for your input. I will hlod what I have and see what happens. The $ sound right.
quote:Originally posted by bond006: i do think that the r/s will have some affect. if you do the math with the figures that we are given the stock is really undervalued. apx 3.50 post split or about .30 pre split should be the book value. but there are some out there that feel an r/s is just poison and are scared and just will stayaway because. thats why i think unless some thing bad shows up we are only going to see .07 to .10 i hope i am wrong and i am following this up to .50 but you just have wait and see on this one. monday will tell us a lot about the future and how i will play this imho glta
posted
I think a lot of people are worrying about that 500+ % increase and think it could go back down... but i dont think it will go much lower thatn where it stands right now.... then again I have been wrong before....
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Mad, this thing has potential worth, not actual worth. The deal needs to close, and then there is the r/s. If this takes til August to move, I would not be surprised. (But what do I know?)
It's also still just a pink.
-------------------- May your trading build your character as well as your portfolio.
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i think we a supposed to get an unconfirmed earnings report today maybe this afternoon.ric pic picked that up on knobias read the pr it was brife.
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Bio-Tracking Security Inc. released some technical data today on the oil and gas reserves being acquired through Nord Oil. According to reports obtained by RSM Top Audit from the Russian Ministry of Geology, the acquisition consists primarily of two licenses to extract oil and gas from the Yemelyanov deposit located in the Sergiev District of Samara Region and a license for the Khlebnov area as well as substantial storage facilities.
Yemelyanov License
Located in the Sergiev District of Samara Region, 110 Km North-East of Samara. The Yemelyanov is an area allotment of 11.9 square kilometers. According to the reports from the Russian Ministry of Geology and license CMP No. 00676 Type H3, the Yemelyanov has 2,130,000 cubic meters and 2,580,000 m3 respectively of oil in place at 876 and 908 density with less than 4.5 sulfur.
Khelbnov License
Located in the Tatisshchev District of Saratov region, 24 Km North West of Saratov. The total area allotment is 8.3 square kilometers. According to the report from the Russian Ministry of Geology and license SRT No. 11560 Type NP, the Khlebnov field adds a further 1,200,000 m3 of lighter (805) oil in place with residual sulfur.
''Under our preliminary plan of action, we expect that with conventional recovery technology that our properties will produce an excess of 6.5 million barrels over the next several years,'' said Dr. Matossian, President of Great West Oil and Gas, and industry consultant to the board of directors. ''We believe that according to today's oil prices that over US$350 million of oil will be extracted in the foreseeable near future and with additional properties, which can be acquired, Nord Oil can become a serious international producer,'' further added Dr. Matossian.
The company stated that they have plans to make their corporate website available with all technical and independent reports by the middle of August to provide investors and industry partners with the ability to evaluate the properties and their value.
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posted
thanks for the input, T., i agree but the potential worth here has a much stronger base in reality than many pinks, and it`s hundreds of millions! i can ( and will ) wait if i have to!.
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holding it`s own well considering it is up over 500% from last week, like anything else volume is key. spread has opened up, looking to entice buyers.
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The company stated that they have plans to make their corporate website available with all technical and independent reports by the middle of August to provide investors and industry partners with the ability to evaluate the properties and their value. ____________________________ I can't even imagine what this stock will do by the end of summer. It's almost frightening to think about. GLTA.
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posted
Member Rated: posted 27-06-2005 09:49 -------------------------------------------------------------------------------- Do these idiots selling @.025 even know theres a world out there? Let alone that oil prices are gonna move much higher on IRAN news. Accumulate is all I can say!
ric i am 100% in agreement this is not fluff pr it is verified and filed with this russian govnerment. this is the real deal
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They need a PR on Newswire that talks about oil prices at an all time high and re-states there reserves and target outputs! The market isn't seeing this stock in the way it should. Its still hidden because they use PrimeZone for there PR and that is not as widely seen as Newswire.
Rick
-------------------- Nothing moves a sub like news!!!
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