posted
oil $72.00 a barrel wow!!! do you think the oil companies are shooting for $4.00 at the pump soon ?
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
The way I see it is you dont know what day or week the news will be published but it dont get lower than this and its worth a few days or a few weeks to reap 0ne two or three hundred %
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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quote:Originally posted by bond006: Who is John Galt?
The Man who said he would stop the motor of the world and he did AYN RAND "Atlas Shrugged"
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
May, June, and, July should be very interesting for PBLS. The PPS should see record prices. Hey isn't there suppose to be a buy back soon? Does anyone know anything else on that?
Posts: 216 | Registered: Aug 2005
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the last press release said that the 3 new acquisitions would be done between the 14th and 30th of April. i looking to see a spike in the pps when that happens. Any thoughts?
Posts: 7 | From: Washigton | Registered: Apr 2006
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posted
BDJW, Yes the stock buy is suppose to be taking place according to mike mulshine right now and he said audit done by end of April and form 10 buy the end of May that is what pbls is shooting for I wish I could find that email that I posted about a week ago
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
This is the latest post I know of between Mike Mulshine and a pbls investor
ANOTHER LOOK bond006 Member
Member Rated: posted 09-04-2006 12:38 -------------------------------------------------------------------------------- --------------------------------------------------------------------------------
Been a slow day today til just recent, some huge buys at .024....
Here is an email from Mike Mulshine to another investor.. ENJOY!!!
Posted by: texas ted In reply to: mickvonmerk who wrote msg# 13776 Date:4/4/2006 2:16:01 PM Post #of 13777
my email to Mike Mulshine and his answers...
"xxxx,
I appreciate you interest in PBLS. I too am a shareholder of the Company and consider it to be a long-term investment situation.
I will try to answer some of your questions... but some of the answers are not available yet.
1) Shares: The best number I have now, prior to the Form 10 being filed, is about 650 million shs issued with about 350 million in the public float. The detailed structure of the preferred stock is not available yet. A complete detailed description of the capitalization structure will be included in the Form 10m when filed.
2) TA will be ungagged when the Form 10 is filed as I understand it.
3) Share buy-back is in progress. Details are not announced, and normally such details are not announced by companies until the effort is either completed or abandoned for some reason. I'm sure such details will be in the From 10.
4) Reporting: Your rumors are pretty much on target. As soon as the auditors and SEC counsel give PBLS a reasonably solid filed date, it will be announced.
5) I don't have an announceable update on Kentucky drilling status or operations, and can't make such data public until it is formally included in a News Release...
6) FEMA: PBLS does not have any direct contracts with FEMA to be best of my knowledge... but, it has been confirmed by a number of folks, which the Company has confirmed, that there are contractors that buy sand & gravel from PBLS that is then delivered and used in the levee rebuilding and on other NO projects.
7) Murphy contractors: This is info that has not been announced since the News Release of Feb 7th spoke of United Soils as a contractor. Others will be announced when contracted. I can not announce Murphy Sand & Gravel projected 2006 revs without doing so as a formal News Release.
8) News Website: My latest input is the new website will take about 60 days to finalize.
Mike Mulshine Osprey Partners
Hello Mike,
.... I have several questions regarding my investment:
1) - How many shares are currently issued and outstanding, how many of those are restricted (restricted for how long?), and how many preferred shares (class a and b) have been issued, and what's the ratio preferred can be converted into common?
2) - When will the transfer agent be ungagged? Gagging the transfer agent created tremendous uncertainty among investors.
3) - How is the share-buy-back program progressing? Has it been completed, yet? How many shares have been bought back?
4) - What's the status of making PBLS a fully reporting company? I heard of rumors saying that the audits will be done by the end of April and that a form 10 could be expected to be filed by the end of May???
5) - How is drilling going in Kentucky? How many wells are currently producing (update on production numbers)?
6) - Has PBLS been awarded contracts from FEMA regarding the rebuilding of New Orleans?
7) - How many contractors are currently working on the Murphy pit? What revenues are expected from Murphy for 2006?
8) - Is there a time frame for about when the new website will go online?
Thank you for taking your time to answer my questions.
Kind regards
xxx" __________________ Your money
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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Brought to you by Angel Publishing Home | About | Subscribe | Meet the Editors | Advertise | Black Gold | Invisible Gold | Coal | Nuclear Gasoline| Solar Power | Wind Energy | Biofuel | Geothermal | Marine Energy | Next Generation printer friendly Gasoline Soars Ahead Holiday Weekend 2006-04-14 By Luke Burgess
With the holiday weekend upon us, retail gasoline prices are soaring across the nation as the crude oil market prices increase dramatically.
According to the weekly AAA gas price survey released today, average gasoline prices climbed $0.12 this week to $2.72 per gallon.
Crude prices approached near record highs this week touching $69.60 per barrel, only $1.15 below the all-time record high set back last summer in the wake of hurricanes Katrina and Rita.
Front month oil futures have skyrocketed amid concerns that shipments from Iran, Nigeria and Iraq might be jeopardized by security threats.
And unfortunately for consumers, there's no relief in sight.
Motorists can expect to see higher gas prices this summer as crude prices are likely to remain near $70 per barrel.
California Dreamin'
Many areas of Southern California have already popped the $3-a-gallon mark.
According to the Automobile Club of Southern California's Weekend Gas Watch, the average price of self-serve regular gasoline in the Central Coast area averaged $3.006...not for super, but regular unleaded.
This is just the beginning.
$3 Gas is Coming to a Station Near You
Brace yourself. Because gas prices are going over $3.
In fact, the editors of Energy and Capital believe they're going way over $3...over $4 even.
Retail regular unleaded gasoline will touch $5 by July.
A bold prediction yes. But look at gasoline futures today.
In the past three weeks, front month gasoline futures have climbed roughly 20%.
And it ain't stopping here, brother.
Motorists will push the demand for gasoline ahead of the summer driving season and the gasoline additive MTBE will be phased out by May 9th, replaced with corn-based ethanol.
Also, as oil continues its upward motion in the face of worldwide geopolitical and security concerns, gasoline futures will only be pushed higher...much higher.
Prepare to cough up that fin for a gallon of gas.
- Luke Burgess
Brought to you by Angel Publishing Home | About | Subscribe | Meet the Editors | Advertise | Black Gold | Invisible Gold | Coal | Nuclear Gasoline| Solar Power | Wind Energy | Biofuel | Geothermal | Marine Energy | Next Generation printer friendly Gasoline Soars Ahead Holiday Weekend 2006-04-14 By Luke Burgess
With the holiday weekend upon us, retail gasoline prices are soaring across the nation as the crude oil market prices increase dramatically.
According to the weekly AAA gas price survey released today, average gasoline prices climbed $0.12 this week to $2.72 per gallon.
Crude prices approached near record highs this week touching $69.60 per barrel, only $1.15 below the all-time record high set back last summer in the wake of hurricanes Katrina and Rita.
Front month oil futures have skyrocketed amid concerns that shipments from Iran, Nigeria and Iraq might be jeopardized by security threats.
And unfortunately for consumers, there's no relief in sight.
Motorists can expect to see higher gas prices this summer as crude prices are likely to remain near $70 per barrel.
California Dreamin'
Many areas of Southern California have already popped the $3-a-gallon mark.
According to the Automobile Club of Southern California's Weekend Gas Watch, the average price of self-serve regular gasoline in the Central Coast area averaged $3.006...not for super, but regular unleaded.
This is just the beginning.
$3 Gas is Coming to a Station Near You
Brace yourself. Because gas prices are going over $3.
In fact, the editors of Energy and Capital believe they're going way over $3...over $4 even.
Retail regular unleaded gasoline will touch $5 by July.
A bold prediction yes. But look at gasoline futures today.
In the past three weeks, front month gasoline futures have climbed roughly 20%.
And it ain't stopping here, brother.
Motorists will push the demand for gasoline ahead of the summer driving season and the gasoline additive MTBE will be phased out by May 9th, replaced with corn-based ethanol.
Also, as oil continues its upward motion in the face of worldwide geopolitical and security concerns, gasoline futures will only be pushed higher...much higher.
Prepare to cough up that fin for a gallon of gas.
- Luke Burgess
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
We need this baby to keep going toward the sky! Good things will happen soon. Let us all keep the faith. I don't know if anyone else agrees but PBLS is due for a run...................
Posts: 216 | Registered: Aug 2005
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quote:Originally posted by ThehourofTaber: We need this baby to keep going toward the sky! Good things will happen soon. Let us all keep the faith. I don't know if anyone else agrees but PBLS is due for a run...................
Not just due its the right time. The PPS is moving up in the green all week and the acqusition news is going to be out any day at least by May 1st a week from Monday. Still great levels to get in IMO
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
What really sticks in my craw is Amep if you do your dd it is a diluted stock that produces nothing and is trading at a dime now that is beyound me when I compare pbls to it with dd oh well I am a believer that in the market things come to there value for the good or bad after enough time
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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Posted by: Waverider110 In reply to: None Date:4/20/2006 9:39:51 AM Post #of 14094
A RB post that actually makes sense to me:
By: stuckmarket 20 Apr 2006, 08:09 AM EDT Msg. 44679 of 44686 (This msg. is a reply to 44677 by waverider110.) Jump to msg. #
(Re my post that the Form 10 PR may not be so good for PBLS pps because of all the cash spent on all the companies purchased in last 6 months):
The first report after the audit should be the refection of the company's Assets , Revenues today and forcasted as well as debts. Emphasis on debt is placed when the company does not seem to have the ability to generate revenues to pay its debt. In PBLS's case most of their assets have been aquired using stocks ( cash portion I would say had been rather insignificant) . All holing companys are banking on the PBLS's shares to rise eventually or they would not have agreed to the merger/sale. The Key is to see what the PBLS's anticipated revenue on an annual basis included all its holding compnaies. If the revenues are going to be over $500mil - then you folks got yourself a winner . It may , and I repeat MAY put the shares in the $2-3 range ( a reverse split of say 3-1 would clearly give the sahre price a boost). Othewise , this is a $1 - $1.5 stock shor term assuming revenues of at least $350-$500 mil per year without a reverse split . You should all be happy anyway - the picture looks far better than other peny stocks hold on to you shares . Santa Clause may be comming to you this year . Unless all the ew releases were all false
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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Earnings typically are directly connected to a stock's price. I'm expecting between .01 per share ($10m earnings) and .03 per share ($30m earnings). With a 15x P/E we should see between .10 and .30 share price. There are only a handful of companies not having a 10x P/E that are public and audited. Once PBLS is transparent we should have the same benefit. Being an oil company may boost us to a 30x P/E one day, in which case we could see $1 per share one day.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
Pretty good day for Friday. It closed at the high of the day. Oil and gas prices keep going up which is good for PBLS. I'm still not selling a share.
Posts: 216 | Registered: Aug 2005
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posted
Looking good hasn't been upto to 025 oma few weeks. I hope trend continues in light of the acquisitions.
Posts: 7 | From: Washigton | Registered: Apr 2006
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posted
I can't see a R/S happening either. I don't know why anyone would want to sell before the they file. less than two months to go. I believe they said the would file by June 15th. Have a great weekend all!!!!
Posts: 7 | From: Washigton | Registered: Apr 2006
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posted
No r/s at this point as far as I con tell they are not done with there plans yet. If anything you would have to watch for dilution and we whatch for that every week
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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Please don't be fooled by the recent fall in oil prices to under $60. The era of cheap oil is over.
If you believe those who say the oil bubble is about to burst, my friend, you're simply going to get blindsided.
Here's why:
Most Americans don't realize this, but there have been no gasoline refiners built in the United States since 1976--nearly 30 years ago!
That's when gasoline was just 60˘ a gallon, gas-guzzling SUVs weren't even on the drawing boards, and the technology revolution hadn't even begun. The thought of China and India growing faster than 6% a year for a decade and draining the world's energy supplies was, well, unthinkable.
So it's no wonder why American refineries are working at 99% of capacity… Why oil refinery shutdowns in Louisiana, Texas, California and around the U.S. continue to squeeze gas prices higher and higher.
For these reasons, increased demand and limited refining capacity have left U.S. gas inventories 2.5% lower than last year--which is pushing pump prices higher. At current trends, in just four years--as hard to believe as it is--we could easily be looking at $4-a-gallon gas.
These conditions can only get worse, as no American city wants an ugly, stinky and potentially toxic refinery in its backyard. And even if a city wanted a refinery, tough environmental standards have made the cost of building new refineries in the U.S. prohibitive.
That's just in the U.S.
On a global scale, the gas problem is even worse. According to the world's largest oil consulting firm, in order for refining capacity to keep pace with demand, the world needs to build, count 'em, 50 to 70 refineries in the next five years.
With only four refineries under construction around the world that I know of, I can tell you that this isn't going to happen.
The bottom line is: We stand at the dawn of the greatest gasoline supply/demand squeeze the world has ever seen, as demand for refined gasoline products is exploding...while refining capacity continues to shrink.
The result will not only put powerful upward pressure on gas prices at the pump, but also under the stock prices of the world's refineries and drillers.
The Second Big Reason Why Global Demand for Oil is Exploding.
In addition to a lack of refining capacity, the second powerful factor increasing demand for oil is coming directly from China and India, which are both projected to consume as much oil as the United States in less than 50 years.
And they're already on their way.
Most Americans don't realize this, but in just 20 years China energy needs will double, requiring 14.2 million barrels a day to keep their economic engine humming...while India's economy is expected to burn through 5 million barrels a day in just 15 years.
This is why China tried so desperately to buy Unocal earlier this year. Why both China and India wanted to own PetroKazakhstan. And why they continue to slug it out all over the globe--from Siberia to Sudan--to secure fuel for their exploding economies.
While experts disagree on when oil supplies will be exhausted, they do agree on one thing: If demand continues to grow by as little as 2% annually, in five years supplies could fall short by two million barrels a day.
That's equivalent to Kuwait's daily production.
But Won't Canadian Oil Sands Make Up the Difference?
There's no denying that an estimated 1.7 to 2.5 trillion barrels of oil are trapped in a complex mixture of sand, water and clay.
That's second only to Saudi Arabia's vast oil reserves.
However, turning oil sands into a reliable source of oil is another thing. Most investors don't realize this, but unlike conventional crude oil you just pump from the ground, oil sands must be mined like coal and then the oil must be extracted through an expensive and complicated process.
What's more, it takes two tons of oil sands to produce just one barrel of oil. Add to that the fact that only 20% of the Canadian sands lie near the surface, and you can you can see why Canadian oil sands current production capacity of 2.5 million barrels isn't going to explode anytime soon.
And why I'm convinced that today's $70+ a barrel oil simply can't last.
This is why if you can take an ownership position--even a small one--in any of my top oil plays right now, you'll grasp your share of the even-bigger boom that lies ahead.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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Crude prices approached near record highs this week touching $69.60 per barrel, only $1.15 below the all-time record high set back last summer in the wake of hurricanes Katrina and Rita.
Front month oil futures have skyrocketed amid concerns that shipments from Iran, Nigeria and Iraq might be jeopardized by security threats.
And unfortunately for consumers, there's no relief in sight.
Motorists can expect to see higher gas prices this summer as crude prices are likely to remain near $70 per barrel.
California Dreamin'
Many areas of Southern California have already popped the $3-a-gallon mark.
According to the Automobile Club of Southern California's Weekend Gas Watch, the average price of self-serve regular gasoline in the Central Coast area averaged $3.006...not for super, but regular unleaded.
This is just the beginning.
$3 Gas is Coming to a Station Near You
Brace yourself. Because gas prices are going over $3.
In fact, the editors of Energy and Capital believe they're going way over $3...over $4 even.
Retail regular unleaded gasoline will touch $5 by July.
A bold prediction yes. But look at gasoline futures today.
In the past three weeks, front month gasoline futures have climbed roughly 20%.
And it ain't stopping here, brother.
Motorists will push the demand for gasoline ahead of the summer driving season and the gasoline additive MTBE will be phased out by May 9th, replaced with corn-based ethanol.
Also, as oil continues its upward motion in the face of worldwide geopolitical and security concerns, gasoline futures will only be pushed higher...much higher.
Prepare to cough up that fin for a gallon of gas.
- Luke Burgess
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
The United States is still sitting on one of the bigger oil reserves as well. Northern Alaska has alot of oil but its under wildlife refuge. I don't like the idea of wrecking parts of the refuge but I don't agree with the environmentalists stopping the drilling. It's going to happen sooner or later when oil elsewhere starts to run out might as well just get it over with.
Posts: 81 | From: Green Bay, WI | Registered: Mar 2006
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posted
Closed up high on because of news of acquisitions which they say will be complete between april 14th and May 1st Well Lets Roll
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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quote:Originally posted by Duckhunter: The United States is still sitting on one of the bigger oil reserves as well. Northern Alaska has alot of oil but its under wildlife refuge. I don't like the idea of wrecking parts of the refuge but I don't agree with the environmentalists stopping the drilling. It's going to happen sooner or later when oil elsewhere starts to run out might as well just get it over with.
posted
Yeah sounds about right.. let's all argue while someone else taps the natural gas reserves.... To many people just think that we can always drill for it somewhere else instead of realizing its only a matter of time before there is no more natural gas and oil.
Posts: 81 | From: Green Bay, WI | Registered: Mar 2006
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posted
Whats going on with the aquisitions, are they going to finalize them this week? PR said by May 1st.
Posts: 406 | Registered: Oct 2005
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