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Author Topic: BTSI - Oil Reserves Valued at Over $2.5 Billion USD
Lawguns
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Thanks TotalZen. I only ever put in Limit orders for pinks since they move so much. Did not know you could not put a stop on them. I still can't get my orders to fill though. The price mey be low but no major shares are moving.
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stockvapor
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Wow, 12000 shares traded in the first 2 hours today.
LOL [Big Grin]

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kim
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hi i m from quebec,sorry for my poor english
i m in btsi,i speak with amyot yesterday, the news is for next week the teem come back from russia a week ago he dont said to me the news is good or very good he said the news is very very good so good luck for everybody

kim

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bond006
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thank you kim i would say that your english is just fine and certainly much better than my french or russian. if you have anything more to post please do we are hungry for news. kindest regards
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kim
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bond006
if you have any question you like to know about btsi tell me is more easy for me to give him a call than for you
a other thing he said is the website comming in 2 week
i m sure this stock is tnt

kim

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stockvapor
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Thanks for the news Kim. (Your English was well understood; no reason to apologize). Good luck to all.

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"Whether you think that you can, or that you can't, you are usually right." - Henry Ford

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TotalZen
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Yes it's very appreciated kim, thankyou.

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"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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clbgroove
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Man i wish this SOB would take off cause one of my other ones is getting ready and I'm gonna be really pissed if I miss the train!!

Damn oil is up and they seem to have lots of it.....LETS START PUMPING BOYS!!!!!!

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bond006
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i feel the same way i will have to reverse my plans but this one looks to good not to wait it out
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bond006
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kim saya web sight up in 2 weeks we now have kim a s a volunteer to be our go between for us and mr. amoyt so lets hear it for kim. now we can get the info we need to pump this baby so if you have any questions kim from montreal will do his best for us lets make some money go btsi
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Lawguns
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Kim, Thanks for acting as a go between. If you can ask and they will answer,

When will BTSI have their operations up and running?

What more is there to do? Are these wells that have been prospected and just need to drill or are we talking about finding and drilling new wells where the depths are unknown?

Is the material in place to do this or will they have to wait until winter to move it in?

What is the expected cost to set up drilling and pumping operations versus the avalible profit from the oil that is brought out ofd the ground.

What is the expected time table for the company to be showing a profot?

If you can get any of theses answered I think it would be a help tp all of us so we can decide how long we should expect to hold this stock prior to seeing a return.

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kim
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hi everybody
lawguns i discuss fews time with amyot its always easy to speak with him what i understand is already there some installation they can produce oil fast .the installation was to lukos before but i m not sure the name mabey yukos anyway is the compagnie the russian gouvernement but in bankruptcy for fraud so everything is there to start,40% of the production gonna bee for china the reste for russia i gonna try to give him a call tomorow for the reste of your question

kim

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TotalZen
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Correct, the name is Yukos [Smile]

So that all makes perfect sense, because they were Russia's largest oil producer until they were found guilty of defrauding on tax money owed and couldn't pay so went bankrupt, and the government liquidated their assets to the other big players.

So Nord got a hold of these up-and-running wells + property and will now operate them via this shell. They have to be beauties too because Yukos was a huge fish and wouldn't be messing around with rinkydink stuff.

--------------------
"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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TotalZen
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Russia can guarantee oil and gas supplies to global economy - presidential aide

July 11, 2005 Posted: 14:53 Moscow time (10:53 GMT)

MOSCOW — Russia can guarantee that the global economy will have enough energy resources and will develop positively and predictably, a presidential aide said Sunday. Igor Shuvalov told a nationwide Russian TV channel: "Russia can play the most important role here as a predictable and democratic country.

We are part of the Group of Eight [industrialized nations] and can guarantee that global economy will not lack [energy resources]."

The aide said Russia was not completely satisfied with the current prices for energy resources as they created "inflationary problems." Shuvalov said prices should contribute to the global economy's positive development.

"Russia as a key player, along with other producing countries, will supply the global market with the necessary amount of raw materials on terms that will let the world economy develop positively and predictably," Shuvalov said.

The aide said Russia was ready to discuss how to reach a balance between resource producing and consuming nations.

When speaking about Russian presidency's of the G8 next year and energy security, which Russia has said will be a priority, Shuvalov said Moscow saw energy security as meaning a way to provide the world economy with resources to ensure its unhindered development.

"Prices for resources are a question of a balance of interests between the countries that consume energy resources and the countries that produce oil and gas," Shuvalov said.

--------------------
"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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TotalZen
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G8: Oil is a key to stability
By Igor Tomberg

July 08, 2005 Posted: 16:48 Moscow time (12:48 GMT)

MOSCOW — Even the terrorist attack in London has not distracted the G8 leaders from discussing the key problem of global economics. It is the stable provision of oil to global markets and ways to prevent the skyrocketing oil prices from threatening economic growth.

It became clear shortly before the summit that the energy problem would be the main issue on its agenda. In mid-June, U.S. President George W. Bush said that he would speak at the summit about cutting global demand for oil, in particular in Asia whose oil requirements are one of the reasons for the current high oil prices.

The American president said that only 35% of oil refined in the U.S. was produced in the country and the rest came from states most of which are not politically stable.

Russia will hold the pride of place at the energy discussions in Gleneagles Hotel in Perthshire, Scotland. Experts agree that the Kremlin's Western partners want it above all to ensure stable energy deliveries to the global market, primarily the U.S.

"The term 'energy safety,' which is becoming increasingly fashionable, actually means protecting the safety of the American market from oil import shortages," said Mikhail Khazin, the president of the Neocon consulting company. Hence the growing concern of Western partners over the construction of the oil pipeline to Murmansk, designed to deliver oil to the U.S. Europe, which also wants more of Russian energy resources, is advocating a quicker construction of the North European Gas Pipeline for deliveries to Germany and Britain.

The Western leaders, above all the U.S. administration, have mostly a negative attitude to the Far Eastern oil pipeline. The Americans do not want East Siberian oil to be delivered to China alone, as proved by the above statement by George Bush that oil consumption is growing mostly because of Asian countries, meaning China and India.

The Russian leaders knew that the energy problem would be discussed at the summit and prepared for it. President Vladimir Putin said at today's debates on sustainable economic development that Russia would do its best to ensure stable energy deliveries.

A source on the Russian delegation said Putin told his partners about Russia's energy projects. He said that Russia produced 470 million tons of oil a year and much of it was exported. He also said that Russia would develop the transport infrastructure to ensure energy deliveries to the partners.

The president spoke in detail about the oil pipeline in the Far East and the one from Siberia to the White Sea, which would facilitate oil deliveries to the U.S., as well as the transport route to Novorossiisk and the Baltic Transport System.

The constructive tone assumed by Russian delegates at the debates on the delicate oil problem seems to be the best way to withstand the excessive collective pressure of the other G8 members without surrendering positions. The West knows that these positions can be interpreted as the logical striving of the Eurasian power "to stand on two legs."

Russia's growing rapprochement with the great Asian powers, China and India, is gradually turning its lop-sided European and American orientation into an equidistance stand. The idea is not to create unions or blocs, as a demonstration of mutual attraction and interest would suffice for effect.

A recent example of such demonstration by the Asian Troika was the call of the Shanghai Cooperation Organization, where Russia and China play first fiddle, on the U.S. to decide when it would pull its military bases out of Central Asia.

Russian energy resources are the cementing element in Russia's relations with China and India, which are gradually getting access to them. The top officials of the country have also assured China and India that Russia would continue increasing energy deliveries to them.

Putin's statement made in Gleneagles today speaks of Moscow's confidence of its ability to have a stabilizing influence on the global oil markets, as well as a justified striving to play a bigger part in the global energy policy.

Igor Tomberg is a master of economics and a leading researcher at the Institute of World Economic and Political Studies, Russian Academy of Sciences

The opinions expressed in this article are those of the author and may not necessarily represent the opinions of the editorial board.

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"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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TotalZen
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Russia to do everything possible to ensure stable energy supplies - Putin

July 08, 2005 Posted: 10:25 Moscow time (06:25 GMT)

GLENEAGLES — Russian President Vladimir Putin has assured his G8 partners that Russia will do everything possible to ensure stable energy supplies, a source said. A member of the Russian delegation to the summit of the world's most industrialized nations, the G8, said that stable supplies of energy resources had been raised during a discussion focusing on economic development. "The president said that Russia would do everything possible to ensure the stable development of the global economy," the official said.

According to the source, the president told the other leaders about specific energy supply projects. He said that Russia was currently producing 470 million metric tons of oil, a large portion of which was exported.

The source said the president had stressed Russia would make every effort to develop transport infrastructure to guarantee that the country's partners received energy resources.

Putin informed his colleagues in detail about a project to build an "eastern" pipeline to the Pacific Ocean from Siberia. He also told them about plans to construct an oil pipeline from Siberia to the White Sea, which will be used to supply the United States with oil, and the Baltic Pipeline System, which should supply Europe and the U.S. with oil.

The delegation member said that Putin had told the G8 that Russia planned to increase its supplies of natural gas to 40 billion cubic meters by 2010.

According to the source, the president also told the other national leaders about new liquefied gas technologies that made deliveries cheaper.

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"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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stockvapor
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Keep up the good work Kim. Your communication with Mr. Amyot is very enlightening. Go BTSI.

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"Whether you think that you can, or that you can't, you are usually right." - Henry Ford

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stockvapor
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This stock goes up pretty fast with just a little volume. Up over 17 % with 228K traded.
[Wink]

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tupac
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no one is selling
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Lawguns
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Thanks Kim, eveything helps.
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Lawguns
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tu[sc, do you have the L2's on this?
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stockvapor
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The MM's walked down the last couple of trades just before close to shake the tree. Shares are getting scarce I guess.

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"Whether you think that you can, or that you can't, you are usually right." - Henry Ford

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TotalZen
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I'm noticing a consistent pattern with these sharp EOD selloffs just before the close to drive the price down. It seems like they're trying very badly to scare people into selling.

Highly suspicious activity to put it mildly.

Just compare each day's VWAP to the close and you'll quickly see what I mean.

The time to buy this, from our perspective, is near the close. Some nice deals to be had for smart money.

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"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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clbgroove
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Well if this helps...... i had an order in @.15 for the 7-9 min period it was there and they wouldnt fill me at the ask. Then of corse they jumped right over me like they did yesterday around the same time.
Would love to know what is going on behind the scenes but then that would make me filthy rich and we wouldnt want that would we!!!!

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stockvapor
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I think between 3:45 or so and close it's just the MM's trading artificially low to each other to scare up some sales IMO.

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Hawaii Eric
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The end of day trades could be the market makers balancing out their holdings by trading with each other. One piece of evidence is that the last sells are not at the bid price as they tend not to screw each other for pennies.

Also, there isn't necessarily a shortage of shares held by the market makers. I'm not sure if this rule ever got changed but I was under the impression that pinksheet market makers could essentially sell shares they don't hold. That's right they can (or at least used to be able) sell short unlimitedly. Anyone know if this rule ever got changed?

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TotalZen
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clbgroove, were you using an AON order just out of curiosity?

--------------------
"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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TotalZen
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quote:
Originally posted by Hawaii Eric:
The end of day trades could be the market makers balancing out their holdings by trading with each other. One piece of evidence is that the last sells are not at the bid price as they tend not to screw each other for pennies.

Also, there isn't necessarily a shortage of shares held by the market makers. I'm not sure if this rule ever got changed but I was under the impression that pinksheet market makers could essentially sell shares they don't hold. That's right they can (or at least used to be able) sell short unlimitedly. Anyone know if this rule ever got changed?

Yes I'm sure they're naked shorting, it's commonplace in pinks. They still have to cover eventually though or else they'll get wiped out if a stock starts taking off, which I suspect this one will do very soon.

I hope and pray that they've naked shorted this bigtime as of late.

And the trading below the bid is planned manipulation imo, ie. trying to scare people into selling so that they can fill their shorts.

This is why I never trade pinks regularly except for special situations like this. Soooo much BS with the bid/ask.

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"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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kim
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hi everyone
i speak with amyot today
the production gonna start ,octobre or novembre they dont need to drill, everything is there they dont need to bring no machine, i ask if is because they wait for winter he said no they just need time to restart everything,for the cost versus profit is to early but they start to negotiate with future costumer like british petrolium if they have that kind of costumer i think the profit gonna be there, they are planing to buy other property with already production of oil.the end of august they gonna be in otcbb or amex ,they really want to be a real and big oil company i ask how you gonna find the financement he said with oil is easy to find
that the news guys


kim

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TotalZen
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Fantastic! Thanks again.

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"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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clbgroove
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quote:
Originally posted by TotalZen:
clbgroove, were you using an AON order just out of curiosity?

No it was normal and for 33k shares that didnt fill...
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TotalZen
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Hmm, interesting.

2create at RB claims to have scooped some @ 0.015 today (and is now holding a whopping million+ shares)

--------------------
"Now water can flow or it can crash.
Be water my friend." - Bruce Lee

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jakeo
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looks like somebody on the shakerz board
is making a call on yalls pick!

From: "shakerzz05" <hughbertgoatsend@...>
Date: Wed Jul 20, 2005 8:00 pm
Subject: SHAKERZZZZZ $$$$ BTSI $$$$ BTSI $$$$ SHAKERZZZZZ shakerzz05
Offline
Send Email

BTSI READY TO RUN AGAIN! GAZELLLLEEE!

GET IN AND HOLD ON!

LOL

Problem is the name "shakerzz05", notice it has 2 z's- not the head honcho

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Wide diversification is only required when investors do not understand what they are doing W.Buffet

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stockvapor
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Kim, thank you. You're truly awesome.
[Wink]

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"Whether you think that you can, or that you can't, you are usually right." - Henry Ford

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stockvapor
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If the MM's are doing what I think they are, (artificially driving the pps down near the close), I'm going to be waiting with a buy order on the ask and see if it goes through. If not, I'll raise it a little and see if that goes through. I'm guessing I won't be able to buy. Of course this assumes that we get no news on BTSI today to change the scenario of the last few days.
[Wink]

--------------------
"Whether you think that you can, or that you can't, you are usually right." - Henry Ford

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