posted
If this stock had nothing going for it it would have tanked today. Instead it went up 60%. Next big sell off I see coming may be Friday afternoon and that is typical end of week selling. But that sell off might be tempered by people buying in for next week. Too much potential to sell right now. Again I will hold as long as it's above .10. I expect MM's to try to shake hard tomorrow and no gap.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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ok so i think its good that he CALLED ME BACK TO START, anyway Q when can we expect foolow up pr A "very soon, within 10days tops"
Q will we see financils for the future rev? A "absolutely" "projections will be validated" these are his words! i took notes
Q how many barrels last year A 20 mill
Q how many this year A 130 mil
Q projections for 07: A between 180-200mill barrels
took my email and said that he can send me thier financials up to date, not including yesterdays pr, TODAY! i like that,
ed monet sounds like a kid but he was able to answer my Qs with no studdering or long pauses or anything like that he ended the call by welcoming any other questions just call, and he felt that this co.
"would be trading much higher in the next few weeks" Quote: by ed monet
Posts: 383 | Registered: Apr 2006
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posted
wow...thanks...no ish.......i think this thing will rival ndol's run....no doubt about it....i had ndol * .14......put your kids college money in this one...its a no brainer
-------------------- ...i am still up thirty thousand from last time I stick it in you... - john malkavich "rounders" Posts: 98 | Registered: Apr 2006
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posted
lol, it feels as if everyone on the board is hitting it big with profits over the last couple days...very nice, everyone's happy when they make money
Posts: 664 | Registered: Jun 2005
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PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/02/06 0.1100 0.2800 0.1100 0.1600 +0.0600 44153164 +60.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 3936030
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 1701546
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1013366
quote:Originally posted by dkinvest: This will be at a minimum $1.00 by 5-26-2006, IMO. This company is expecting over a billion dollars in revenue - READ THE PR!
Make that 10 BILLION dollars.
...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...Posts: 2554 | Registered: Nov 2005
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posted
I agree with repoman. It's hard to say from here. I mean we could easily get a 50% correction, from here, and still have a solid run to a dollar. momentum plays are so hard on the emotion if you don't get in on the first run.
posted
You think we will close at .20 tomorrow Repoman75??? I do not want you guys to think I am a basher but I think this one will hit .10 tomorrow on the gap and then bounce back up. If all the volume today made it finish at .15 what makes you think it will finish tomorrow at .20 again I am just curious not bashing???
Thanks,
The Netfreak
Posts: 448 | From: New Jersey | Registered: Aug 2005
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posted
There was no gap so unless nobody believes in this stock anymore, no reason to drop down.. in fact, we now have a gap up... you'll see what I mean tomorrow.
We had no base in the .20's, yet all buyers in the single digits. Now we have a ton of buyers in the teens... we have a new base.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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posted
More news from ihub... damnit, I have funds waiting to clear that I want to dump in here... such an easy double... and if you're playing with more than few thousand, a 100% gain is all you need to make your summer.
I have GOOD NEWS to report. After nearly 20 attempts to get Edward on the phone, I finally succeded. There is a Financial PR Coming, would not give a day or time other then SOON! The web site is going to be updated and go through some changes to reflect the prosperous growth of the company. Revenue continues to climb but would not give numbers, it will be in the PR. I hit base with him regarding geological surveys and computer mapping the terrain. Yes it has all been done. I had to ask this question, Do you see each share of stock being worth between 2-7 dollars, He would not answer direct but stated with a laugh it will be extremely high.
IMO, any one to sell low right now is a fool! Your not a fool to sell after 1.00. I am throwing in another 20k to this company and going for the high that will IMO hit end of June. We will be at 1.00 in the next 2 weeks with no difficulty at all
MY NOTE: IF NDOL HIT .83 in over 3 weeks time with 48 million barrels of OIL and this company has 900 million barrels PLUS NATURAL GAS RESOURCES, I SEE THEM FLYING THROUGH THE CLOUDS.
THERE PR AND NUMBERS JUST RELEASED ARE RIGHT ON THE MONEY.
Note From There WEB SITE:
North West Texas Projects: Pilgrim acquired more than 100 wells in Archer, Wichita County, Northwest Texas, most of which had been shut-in in the 2001 when the Railroad Commission of Texas changes the requirements for bonding operators in Texas. This has resulted in an exceptional program.
Currently, the Pilgrim is concentrating its efforts in the Lilly Hooks Field, where three Sand Zones are oil productive across the entire Field. The D Zone is the principal producer, with non-proven reserves of about 100,000 barrels per well. The A and B Zones have reserves of about 25,000 barrels each. Pilgrim owns about 80 old wells in the area, and it will drilling new infill wells. During the next six months. The old wells are currently being recompleted in the A and B Zones.
Overview
One of the hottest domestic natural gas reserves, the Barnett Shales growth has been very impressive, from around 275 mmcfd in late 1999 to around 900 mmcfd today, mostly comming from the areas of Denton, Tarrant and Wise counties.
The Barnett Shale formation in the Fort Worth Basin stretches over 5,000 square miles, and across 10 counties. At a depth of between 7,000 and 9,000 feet, the layered rock formation which is unusually rich in raw materials demonstrates strength of 400 to 900 feet and is the most productive gas field in all of the U.S.
During recent years over 2,500 boreholes have been sunk into the Barnett Shale without a single failed drilling.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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posted
Thanks a bunch Indef for that statement. I quickly glanced at it and I saw NO problems. Of course I am not a CPA. lol. A nice well crafted PR that can be verified and not one that says we are going to the moon should do wonders for this baby. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
Are you freakin kidding me. NDOL has 48million compared to this one at 800 million. Even if they have 10% of that it is significantly more than 48 million.
This thing is going to be huge! These prices are a steal.
I think $33 is a bit ridiculous....but maybe $1 or $2 is more reasonable
Posts: 177 | From: Quebec | Registered: Mar 2006
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posted
And not only that, it appears this is a company in the pinks that is not having a negative net income, granted the financials are unaudited....but none the less.....that is not at all common in pinky land.
Posts: 177 | From: Quebec | Registered: Mar 2006
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Or King Midas I should say. Seems like everyting this man touches turns to gold.....What is your take on this stock do you think this stock has the $1 potential???
Posts: 448 | From: New Jersey | Registered: Aug 2005
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posted
netfreak anything is possible, but i took my profits and ran...i have learned my lesson too many times(the hard way)with penny plays in the 8 years now that i have been doing this for
but goodluck with it
and honestly i do see it going higher but a big drop is coming soon i think
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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posted
I have some Q`s here. the entire state of texas has about 160 thousand oil wells on hundreds of thousands of acres scattered all over the state these wells together produce about 360 million barrels of oil a year for the whole state. someone posted the company said they will produce 180 to 200 million barrels in 07, thats over two thirds the production level for the entire state!. a recent post says they have 100 wells with UNPROVEN reserves of 100,000 barrels each, thats 10 million barrels of unproven reserves, where are the other 890 million barrels and how long will it take to sink the 40 or 50 THOUSAND wells it would take to bring it up! the last quarterly report shows 500 odd thousand barrels of probable reserves, someone posted the company said they produced 20 million barrels last year, how come the annual report did not mention it?. there is something wrong with this picture.
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by redmax: I'm still in from the beginning. If this were to hit 50 cents by weeks end I would not be at all surprised.
Buckle up folks, more good news and PRs are on their way
Dang. You must be sitting on a pile. Damn I wish I could of got it when it dipped to .11, trade wouldn't execute though. Same when I tried for it at .14, it must of hit it a bunch of times today but I still didnt get it.
-------------------- "Money, so they say Is the root of all evil today." Posts: 228 | From: NE, PA | Registered: Mar 2006
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quote:Originally posted by tmanfromtexas: Thanks a bunch Indef for that statement. I quickly glanced at it and I saw NO problems. Of course I am not a CPA. lol. A nice well crafted PR that can be verified and not one that says we are going to the moon should do wonders for this baby. TMAN...
I pointed to Dec 2005 status to give an opportunity to play with... Based on 23 million reserves and oil prices last winter the PPS should be around .10 at January 2006... Now - assume that reserves of 900 million is premature and say that 300 million is more realistic (don’t let me wrong – just playing with numbers)... Even with this assumption the Pilgrim is MULTI-BILLION company and PPS should be around $1 very, very soon... Just my 2c
Posts: 420 | From: Canada | Registered: Feb 2006
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posted
PGPM - PILGRIM PETROLEUM CP (OTC) Date Open High Low Last Change Volume % Change 05/02/06 0.1100 0.2800 0.1100 0.1600 +0.0600 44153164 +60.00%
Composite Indicator Trend Spotter TM Buy
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 6143428
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 2584127
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 1452712
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.1600 0.0133 0.1833 0.3533
Click on the indicator for a graphical interpretation of the result or visit the Learning Center for more information on the studies
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posted
FOF THOSE WHO SRE IN NORD, I PULLED THIS FROM ANOTHER BOARD.
Join Date: Feb 2006 Location: Montreal, Qc Posts: 103 Well, I actually just met Mr Parkin in person. Nice office, in a building with head offices of major canadian companies (Metro, Télébec). I was expecting much less.
Very nice fellow. We talked for about 15 minutes. Seemed happy to talk to a local investor.
He was a bit overwhelmed about the number of calls he received today (said his answering machine was full with 56 messages). He does take a look about what is being said of NDOL on the Internet. He seems very concerned about being available and answering to people's questions.
He explained that merging two big companies takes time and a lot of legal papers. Mentioned important points like the new structure of the company after the transation. The deal will take some time to complete. The PR might be tomorrow, but it could also be next week. Seeing how hard he was working (desk with mountains of legal papers), I wouldn't hold my breath.
He also explained he was paid in restricted actions, which he cannot sell until October. In other words, it's his best interest to raise the PPS.
And I'm now completly conviced it is going up. I'll be putting all my money in here asap. NDOL is the real deal.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
Guys, again, this ran up not because Superman posted it here... Allstocks isn't the be all and end all of stock traders. People saw the potential and wanted in. TODAY, it ran up because of traders mostly, but still more longs accumulated. If the firm does release another PR reiterating their claims, and releasing some financials, then more and more accumulation will occur with a slow but steady uptrend DAILY. Traders will still run this but we will be seeing less and less runups (and rundowns) over the next few weeks. Tomorrow, probably only 10 - 20% gain.
There is no pump and dump here right now (maybe in the future, but not now). Americ an Bulls doesn't have this stock listed, neither does RB. This stock is relatively unknown in the investor community. Give it time. If future PR's are fluff and financials stink, then dump it (I will). But if they back up their claim, WITH ONLY 80 MIL. SHARES OUTSTANDING, this is a no-brainer of no brainers.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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