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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PGPM..HUGE ALERT..LOOK AT THE PR JUST OUT! (Page 33)

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Author Topic: PGPM..HUGE ALERT..LOOK AT THE PR JUST OUT!
Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by madmoney:
has anyone read the quarterly report? they have indeed increased earnings buy three times, from 40 thousand and some change in the last quarter to a whopping 130 thousand and some change, no mention in the report about 900 million barrels of reserves, does say they have 576 thousand barrels of proved undeveloped reserves. valueded at 1.4+ mil$, take your profits!!

576,000 barrels valued at $1.4 Mil?

I don't think so,
576,000 x $60/barrel = $34,560,000.00

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6figure
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i hope so
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rocked
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we might see 30 today
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madmoney
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quote:
Originally posted by dkinvest:
quote:
Originally posted by madmoney:
has anyone read the quarterly report? they have indeed increased earnings buy three times, from 40 thousand and some change in the last quarter to a whopping 130 thousand and some change, no mention in the report about 900 million barrels of reserves, does say they have 576 thousand barrels of proved undeveloped reserves. valueded at 1.4+ mil$, take your profits!!

576,000 barrels valued at $1.4 Mil?

I don't think so,
576,000 x $60/barrel = $34,560,000.00

that was the companies valuation not mine, its in the quarterly report.
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lostone
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it's slow to increase.. i think cuz ppl are hesitating.. i know i was when i read that PR on monday.. i waited like 15minutes.. but still got in on time for .011 ..

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lostone

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6figure
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yeah right rocked
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Stock, Ham, and Mayo Sandwich
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Their accountant must be a DUMB-AZZ
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J_U_ICE
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I THINK A LOT OF PEOPLE GOT OUT WENT TO OTHER OIL CO AND THE PR WILL STIR THE POT AGAIN. SORRY ABOUT THE CAPS THE ADRENALINE IS PUMPING

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The difference between genius and stupidity is that genius has its limits

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cougarfeather
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dk why do you say their accountant is a dumbass? How bout backing that up.
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invester
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Where are the financials. All I hear is that he says there doing well. It is a little suspect that they won't release them. My opinion
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Can we see 300% by end of day ????

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Investment Is Important, but Knowing where to make an Investment in your life makes all Difference

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Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by cougarfeather:
dk why do you say their accountant is a dumbass? How bout backing that up.

576,000 barrels valued at $1.4 Million?

That's $ 2.43 a barrel.

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buterjames
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quote:
Originally posted by dkinvest:
quote:
Originally posted by cougarfeather:
dk why do you say their accountant is a dumbass? How bout backing that up.

576,000 barrels valued at $1.4 Million?

That's $ 2.43 a barrel.

...now that can't be true, lol

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"Fear is the path to the Dark Side. Fear leads to anger; anger leads to hate; hate leads to suffering. I sense much fear in you." —Yoda

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Stock, Ham, and Mayo Sandwich
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I'm not bashing - I just think these figures are WAY OFF if indeed the quarterly report says that according to Madmoney.
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madmoney
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quote:
Originally posted by invester:
Where are the financials. All I hear is that he says there doing well. It is a little suspect that they won't release them. My opinion

the quarterly report is out. find it on pinksheets.com, they dont file so you have to pull it up under "financial statements" it comes up in acrobat reader so i cant copy it to the board.
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rocked
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I think they just shot themselves in the foot with this PR...but...why wouldn't this go higher? L2 look good to 21
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T e x
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isn't there news out?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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rocked
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yes, PR came out at 1pm
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invester
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I am a little suspicious here. They say 900 million barrels, and they won't release there financials. If they were doing so well, they would show you evidence. If you made a good grade on a test when you were in College, you would show it because you are proud. This is human nature. I will take a wait and see from this point forward. Not bashing, just wanted to give my expert opinion. [Smile]
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madmoney
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i think the valuation may be reasonable, these are undeveloped reserves, need to be drilled, might be deep, no knowing what the quality is ( percent condensate/ head pressure so on } or how many wells would need to be sunk to get all of it.
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Repoman75
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Listen, first off, wait until the release their quarterly report. First the PR, then the numbers.

Secondly, if you have these questions, why are you asking people who are as clueless as you on a message board, instead of emailing IR or the CEO himself? Both are very open to questions and respond within hours.

Ask about the reserves, ask about when financials will be released. Ask, and then post your response here. Stop whining like girls who just gave head and ended swallowing.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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westcott
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quote:
Originally posted by invester:
I am a little suspicious here. They say 900 million barrels, and they won't release there financials. If they were doing so well, they would show you evidence. If you made a good grade on a test when you were in College, you would show it because you are proud. This is human nature. I will take a wait and see from this point forward. Not bashing, just wanted to give my expert opinion. [Smile]

Ditto
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NoWhen2HoldEm
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quote:
Originally posted by invester:
quote:
Originally posted by tonicma:
Wow, I'm glad I sold some at 0.23. Anyhow I am all out now cause this thing is down tomorrow.

You said you sold yesterday. I disagree with your synopsis. Look at L2's, MM collecting, and will gap tomorrow in the AM. Over the course this will also be higher.
This was just yesterday. Now you sell, and you've seen the light all the sudden? Please, go monitor your 34 other stocks and be on your merry way.

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NDOL - 2006

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kittykash
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Pilgrim Petroleum Corporation Announces Record First Quarter and Profitability


By BusinessWire
Last Update: 5/3/2006 1:03:01 PM Data provided by

IRVING, Texas, May 03, 2006 (BUSINESS WIRE) -- Pilgrim Petroleum Corporation (Pink Sheets:PGPM), announced today it achieved record sales and profitability for the previous quarter ending March 31, 2006; over triple from last year. The Company also maintained its debt free status and increased its shareholders equity. These figures don't include the value of our Puds or Unproven Reserves, we will include these figures on the next quarter since our proven reserves are increasing daily. Today current oil price structure and its know-how and cost-effective technology will contribute to targeting new prospects with low level risks and undiscovered recoverable and unrecoverable oil by traditional technology.

Pilgrim Petroleum Corporation CEO Rafael Pinedo said: "Our financial performance for the quarter well exceeded our expectations and our previous guidance, yet we look forward to maintaining our growth for some time as oil prices increase, all the while sustaining significant profitability."

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Stock, Ham, and Mayo Sandwich
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repo..........lol

You can call me BOBO w/ a stained blue dress.

lmao

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madmoney
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THE QUARTERLY REPORT HAS BEEN RELEASED! LOOK AT it!
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rocked
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REPO: AHAHAHAHA you gave me a good laugh here, i agree..
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invester
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quote:
Originally posted by Repoman75:
Listen, first off, wait until the release their quarterly report. First the PR, then the numbers.

Secondly, if you have these questions, why are you asking people who are as clueless as you on a message board, instead of emailing IR or the CEO himself? Both are very open to questions and respond within hours.

Ask about the reserves, ask about when
financials will be released. Ask, and then post your response here. Stop whining like girls who just gave head and ended swallowing.

No one is Whining REPOMAN. Is that your occupation? Successful I see. Just giving a little insight. Your disgusting comments are really not for this board. I would hope that most people around here have a little more class.
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cougarfeather
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Hey mad, I wanna look at it. Where can I find it?
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rocked
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anyone find it interesting this guy's name looks at a glance like "Eddie Money" lol
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kittykash
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thank you invester
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madmoney
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quote:
Originally posted by cougarfeather:
Hey mad, I wanna look at it. Where can I find it?

the quarterly report is out. find it on pinksheets.com, they dont file so you have to pull it up under "financial reports" read it, you will NOT be impressed!
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TheCreator
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I'm sure they'll be releasing solid numbers soon... This is a winner!
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cougarfeather
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http://www.pinksheets.com/quote/finance.jsp?symbol=PGPM

You can see the report right there. It is out for those of you who didn't even look before going into panic mode.

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money?
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I like what i see. this looks good to me
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