posted
I read on another board the guy called a run to .012 and then a hard shake followed by another run. take it for what it's worth just what I read today
posted
Bought 1m at .0047. I also bought another m at .009 this morning.
advisors.com: "Bulls in the Stable"AMEP, CHDT, FPPL, AOGS, PGPM
Rochester, NY, May 02, 2006 (M2 PRESSWIRE via COMTEX) -- www.otc-advisors.com names American Energy Production Inc. (OTCBB: AMEP), China Direct Trading Corp. (OTCBB: CHDT), First Petroleum & Pipeline Inc. (Pink Sheets: FPPL), Avalon Oil & Gas, Inc. (OTCBB: AOGS) and Pilgrim Petroleum Corporation (Pink Sheets: PGPM) its "Bulls in the stable." To feature your publicly traded company in our alerts, email us at info*otc-advisors.com or to sign up for our free newsletter, visit http://www.otc-advisors.com American Energy Production Inc. (OTCBB: AMEP - http://finance.yahoo.com/q?s=AMEP.OB )
American Energy Production, Inc. is an Oil and Gas Lease Acquisition Company. The Company specializes in acquiring oil and gas leases that have potential for increased oil and natural gas production utilizing new technologies, well workovers and fracture stimulation systems.American Energy Production, Inc., also acquires oil and gas leases that have proven reserves. The Company will initiate developmental drilling programs to drill new wells on these leases and if successful will add oil and gas reserves to the acquired property.
SmallCapVoice.com, Inc. today announced that a new audio interview is available at SmallCapVoice.com. The featured guest is Howard Ullman, CEO of China Direct Corporation (OTC BB: CHDT). The interview includes Mr. Ullman's personal insight into the Company's growth to date and its recent news. The interview can be heard at www.SmallCapVoice.com or www.ExpressIR.com.
Howard Ullman, CEO of China Direct Corporation, stated, "We are always happy to share the China Direct Corporation story with the SmallCapVoice.com audience and our shareholders."
About China Direct: China Direct (www.chdt.us) is a holding company engaged through its operating subsidiaries in the following business lines: Overseas Building Supply (OBS) is engaged in manufacturing, distribution and logistics of building materials including but not limited to generators, roof tiles, interior doors, and insulation materials. CPS (www.completepower247.com) is a majority-owned subsidiary engaged in turnkey solutions for standby commercial and residential power generation. Souvenir Direct Inc. (SDI) (www.souvenirdirect.com) is engaged in product development, manufacturing, distribution, logistics and product placement into mass retail of souvenir and gift items in 29 countries. None of the web site URLs listed in this press release is incorporated into or is part of this press release.
First Petroleum & Pipeline Inc. has now secured the rights to eleven Federal Oil & Gas Leases in the States of Wyoming, New Mexico and Colorado. The Company chose these target prospects based on proven reserves and drilling success of fellow exploration firms in these Basin Regions. First Petroleum's goal is to now focus on potential drill programs and development of the most promising lease properties in its portfolio.
Some of the company's most encouraging prospects include the Powder River Basin. Reserves of Coal Bed Methane in the Powder River Basin are estimated at 31.8 trillion cubic feet. Nearly 100 wells are being drilled each week, and the gas companies say the entire 8 million-acre basin could have 50,000 to 100,000 producing wells before they are finished. This is the largest onshore natural gas play in North America within the last ten years.
The Uinta-Piceance Basin straddling the States of Colorado and Utah (with an estimated 21 trillion cubic feet of gas and 60 million barrels of oil) make it a prime target area as well. Nearly every major producer and pipeline company in the U.S. is active within the State of Colorado; they include Amoco, Conoco, and Unocal among others.
First Petroleum believes that future developments in their target regions could give the resources necessary to build the dedicated management team and to pursue further strategic acquisitions of proven or semi-proven exploration targets. The Company will remain focused on this strategy.
Avalon Oil and Gas, Inc. engages in the acquisition and development of oil and gas properties in Kansas and Oklahoma. As of May 27, 2005, the company owned an 80% net revenue interest in oil and gas leaseholds located primarily in Montgomery County, Kansas. These oil and gas properties include a 320 acre leasehold and oil field equipment.
Pilgrim Petroleum Corporation, an independent oil and gas company, announced today its plans of steadily working on increasing production in its current portfolio of leases on American Petroleum Corporation & General Energy Corp both subsidiaries and operators of Pilgrim.
Based on a 12,000-acre portfolio of proven undeveloped fields in the area of Archer and Wichita County, Texas, Pilgrim Petroleum estimates very high volumes of recoverable reserves. If the whole estimated subsurface is taken into consideration when calculating the potential of recoverable oil, the estimation reveals an approximate of 900 million barrels of recoverable oil.
(Total reserves based on 12,000 productive acres 12,000 acres x 500 feet x 150 barrels per acre foot = 900 million barrels of recoverable oil)
The net effects for the valuation of Pilgrim's stock with this potential recovery can be calculated as follows:
At US$60 per barrel for proven reserves and a portfolio that generates 900 million barrels of oil, Pilgrim Petroleum can be valued conservatively at 900 million barrels x 20% net revenue interest to Pilgrim Petroleum x US$60 per barrel = $10.08 billion less $100 million net development cost = $US10.07 billion in potential assets if fully developed. Pilgrim common stock could be worth approximately: $US10.07 billion divided by 322,720,011 common shares = $33.15 per share.
Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "With these projections in hand, our objectives as a firm are steadily being accomplished as well as our serious commitment to our nation's energy supply."
OTC-ADVISORS.COM is a website that profiles stocks of interest. We are not licensed brokers. The information here is believed to be reliable, but not guaranteed to be accurate by OTC-ADVISORS. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.
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Posts: 4381 | From: houston | Registered: Mar 2006
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posted
I'm in, hoping for some of the pgpm profits coming over here for a cheaper buy in.
Posts: 89 | From: Portland, OR | Registered: Dec 2005
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posted
this is unreal just got on the computer glad I bought yesterday
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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