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Author Topic: BTSI - Oil Reserves Valued at Over $2.5 Billion USD
DIGDOUGH
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stockvaper
Hi, there isn't much movement going on with this stock. People must be waiting to see whats going to happen to it or what?

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DIGDOUGH
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Kim, news is for thankyou. Sounds good [Big Grin]
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stockvapor
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Bigdough, I suspect you're right. Most shareholders seem to be dug in. I'm still waiting until about 3:50pm to see if the MM's will start selling low to each other to try to shake some shares loose. LOL.
I'm cocked and ready.
[Wink]

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Lawguns
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Thanks for the info Kim.
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Lawguns
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For those trying to buy. I got an order filled 2 days ago for 30,000 @ .015. I had to put the order in and wait 2 days for it to fill even though the MM's seemed to be trading below that. I would say put in your order and give it time to fill. If the MM's are playing with the price to keep it low we should have a few weeks or even a month to buy slowly before any PR drives the price up.
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bond006
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thats all i am doing is slowly buying when i have the extra cash. web site should be up in a little less than 2 weeks with the business plan posted this should rock.
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stockvapor
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Was the last trade for 2000 shares @ .017?
That's $ 34. What's up with that?

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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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Could just be a partial fill on a larger order.

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Be water my friend." - Bruce Lee

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corndo
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Anyone: how do you know the website will be up in two weeks?

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speak from your heart, invest from experience...

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TotalZen
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"a other thing he said is the website comming in 2 week" - kim

This is what the CEO told kim when he spoke to him.

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

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Lawguns
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Seems to be getting stuck at the .02 mark.
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TotalZen
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Once it breaks through .02 it'll really start to move imo.

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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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Part of an original post from Kim:
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
____________________________________________
I accumulated more today. I didn't want to chance waiting until the news comes out next week. [Wink]

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Lawguns
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I have had a buy order in all day and it dies not seem to want to fill. I am thinking of raising it to .021 just to see what happens. There have to be shares out there.
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TotalZen
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I strongly suspect the cheap shares are getting really scarce now. I keep hearing on various messageboards how everyone has been having a really tough time accumulating under 0.02 lately, and had to move their orders up to get filled even though the bid was there at a lower price.

Which isn't all that surprising because it was a shake anyway and the mm's were trying to free up shares, not give them away easily. Seems like there was a lot of stalling going on in filling orders.

The plan backfired on 'em because buyers were there waiting the whole time.

That's why I am very optimistic about more heavy volume hitting this. Where are they going to get the shares to fill everyone unless they crank the price up?!?

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

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bond006
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i got this off the raging bull board

: puhleeez
22 Jul 2005, 07:29 PM EDT
Msg. 145 of 149
Jump to msg. #
Here's what I heard from a trusted Montreal source who has been in contact very recently with Mr. Amyot, the CEO.

- A dynamite PR is coming next week with *very* good news (I know a bit more but am sworn to secrecy, sorry).

- The website will be up in less than 2 weeks from now (not late August).

- There is no drilling or equipment required to start production on those 2 properties, everything is already there and set to go. They just need a bit of time to ramp everything up again.

Supposedly, these properties were formerly owned by Yokos (Russia's former largest producer) but were liquidated by the government to another big player (ie. Nord) after Yukos defaulted on tax money owed in that fraud scandal.

- *Additional* properties which are already producing oil are being eyed out for purchase right now.

- They have no problem with financing whatsoever, apparently it's easily had for oil companies.


Second point, cheap shares under 0.02 have been getting extremely difficult for people to grab as of late. These sub-0.02 prices were a shake, there's no doubt about it. And the mm's were stalling on fills by all accounts because there were no sells at the quoted bid for many.

This strongly implies that any further heavy volume coming in from here on in will drive the price right up.


Third point, technically, the charts are primed for a rally right now. Stochs are moving up and volume is slowly increasing. When the news hits, it's going to bust loose imo.


GLTA

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bond006
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by 2create on rb he really knows this stock has done a ton of dd

BTSI Message list | Reply to msg. | Post new msg. « Older | Newer »
By: 2create
22 Jul 2005, 02:38 PM EDT
Msg. 141 of 149
Jump to msg. #
Nice rebound support today, Should close higher on higher than 10 day avg. volume. Good sign...nice little low volume shake the past few days...Thank you all who 'gave' me your shares.
Have any of you noticed the 'triangle' formation sustained as our 50 MA has crossed the 200 day MA?...Interesting chart...let the next run begin ;]
If all is on schedule, we should be completed with the share exchange within a week or two as we emerge post-split as the real Nord Oil Int'l. Looking forward to the day when BTSI (doesn't) show up in my portfolio ;} Hmmmm, NORD? That would be nice...
Then as per schedule we should all be privy to the new website (to be released by mid August) with project/lease info on the Oil and Gas field/license data and company info along with newly appointed directors...etc.


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Hold)


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corndo
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I'm one of those people that they (MMs) almost sucessfully "shook" out of the BTSI/NORD tree. I bought in in the 40's and have watched my investment slowly evaporate. Everytime my grip starts to slip, I come back to this board and refresh myself as to why I got into this one in the first place.

Truthfully: it does sound almost too good to be true, but I haven't seen anyhting that screams:SCAM, so I'm holding on in there and hope that others will do the same if/when the pps starts to rise.

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speak from your heart, invest from experience...

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bond006
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corndo i don't think it is but you never know in pinks i am in at .03 and i am down 33% we are about a week or two of knowing one way or the other so i am going to stay the course. thats all i can tell you. ric pic is in this too i myself would like to hear what his point of view is or if he is still in it lol
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bond006
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remember 2creat math at the begining of this month 7/05

: 2create
05 Jul 2005, 05:35 PM EDT
Msg. 95 of 149
Jump to msg. #
Stock_esp,

In terms of an accumulation point pre-split, the most 'modest' or conservative method would be to use the (when-issued O/S share count) of 216 million (times 12) to get a representation of share structure pre-split (thus would equal for math purposes) 2.592 billion. That said the proven and probable reserves of 48 Mbls of Oil @ $30/Bl = $ 1,444,000,000. (Lets Minus 80% discount to PPS for time of extraction and other factors) Then = @ 288,000,000. (Divided by the 2.592 billion 'as If-Issued" pre-split shares) Then we would value basic accumulation at $.12/share pre-split.
HOWEVER, that said, every 1 million shares now will be 83,333, post-split. That given and the fact that there is ONLY 340,000,000. O/S right now gives us EXTRA leverage because there are NOT 2.592 billion O/S! In fact there is About 7 Times LESS then that right now O/S. So IF lets just say you purchased ALL 340,000,000. O/S pre-split...Then you would own 28,333,333. of the post-split 36 million public float (of 216 million total) O/S after split. This would cost you $ 6,800,000. @ .02 right now.
Follow me here...THIS is why the shares are SO CHEAP Right Now: Conversely, using the same values as above, now take your same value as above of $ 288,000,000. Now (divide that by the post-split O/S shares of 216 million) It = $ 1.34/share.....Now HOW Many do you have? 28,333,333. Right!?... (Times the equivalent post-split valuation) of $1.34/share...How much is it Worth?
$ 37,966,666.! Remember it ONLY Cost you $ 6,800,000.!
The above example CLEARLY demonstrates that we have Significant Leverage pre-split as compared to buying post-split shares! NOT to mention that once we are post-split, shares will be harder/less available then now because of the fact that 180 mil. of the 216 Mil. O/S will be RESTRICTED! [Wink]
Gota like that! ;] by 2create

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upupandaway
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What is the general exit strategy for this stock?

Are you looking to get out if the price triples or are you holding longer?

Thanks!

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corndo
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I'm holding Long and Strong!!

I just wish we could could keep this board honest in the meantime. I mean, if you like this stock: cool. But don't make up imitation aliases to pump up confidence. ( I think we all know who I'm speaking of)

Anyways...GO NORD!! I'm going to try and get filled on these low shares if they let me in.

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bond006
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me to i think this will be the last week for cheap shares depending in what kind of pr we get if we get none well it just might be every man for himself. there is a lot of talk on other boards. if i see something interesting i will post it. as far as i am concerned you can never have enough info go btsi
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bond006
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my exit levle would depend on what the stock does pre split it might be smart to bail before the split or if things don't happen you might want to do some serious dd and think about an exit post split. being honest i am looking for about .10 per share pre split but again that can change with circumstances one way or the other. go noed
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Lawguns
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Bond What Split info do you have? Are you talking the Nord / BTSI joining deal or is there something else I missed I was away for a couple of days.


As for the long / Short hold.
I have to admit I bought in at .025 and more at .015. I sold the .015 to cover my investment already twice and bought back in on the dips. So now if I can make the rest of my money back I will. I will sell half when I double and let the rest ride for free. If not I can always bail and just take the 20% I made so far.

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clbgroove
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a few trades and this one moves up.... I'm not sure whats up with it but it appears someone is short cause it only takes a small buy to move everything. Been quiet for a while so maybe the vol today is anticipation of news. Lets see
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bond006
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lawguns the split i am talking about is when we become nord we will go through a 1 for 12 r/s
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Lawguns
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Got it bond thanks.
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bond006
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we are doing better on the volume the last few days and we seem to be inching nord hahahhah
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bond006
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good morning all hope we are close to being nord i hope we get some news this week go btsi
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Thorn
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Bond, you're a nord. [Big Grin] (jk)

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bond006
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that was funny thorn i must have laughed for 5 minutes
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bond006
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you people are doing some great posts i hope this takes off and we make some money i would everybody here to be a winner in this one i think every day we get closer and closer remember kim he said some good pr is coming out this week glta see you tomarrow
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bond006
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hey kim are you still here with us is there anything going on? and how are you
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hi everyone
im waiting that news like all you guys
bond im ok but impatient

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