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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 35)

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Author Topic: PGPM..HUGE ALERT..LOOK AT THE PR JUST OUT!
6figure
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somebody stop them
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redmax
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The L2's look real strong on the bid side:

Buy
.161
.16 X 3
.15
.14
.13

Sell
.175
.18
.185
.195
.20
.22

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rocked
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SOMEBODY STOP MEEEEE LOL i bought more at 13.5 today so im just peachy if it closes at 20
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6figure
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do the mms make money when they hold the bid that low
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rocked
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of course they do..., but i dont see why they're still doing it...because they've had the same trend on this stock past three days, it's getting old, and thwarting investors..
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Jo4321
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Didn't see this posted in this thread, but just something to listen to while you wait for the stock to go up.

TradersNationInterview with Rafael Pinedo, CEO of PGPM

This is from 2/8/2006

Jo

--------------------
"Great Day for Up!"....Dr. Seuss

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6figure
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those a holes need to let it go damn
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rocked
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FPPL JUST JUMPED 800 % HOLY ****, i just about fell off my damn chair..lol fat fingers lol, 66000 shares traded lol
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moosehead9nc
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this needs to go back up
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Repoman75
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Misprint.

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

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rocked
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i know, i was just thinking to myself holy hell lol..
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6figure
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they making me mad man
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6figure
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im trying to sell a 17 and it cant
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bayvillian516
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why are you trying to sell at .17
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rocked
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yea wtf are you thinking lol keep it it's goin to 30 in a weeks time..
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buckstalker
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You might want to stop whining...
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6figure
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i want out
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bayvillian516
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what did you get in at?
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js49886
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Wonder if it's still gonna go into the Dollar range with the numbers being off?

--------------------
"Money, so they say
Is the root of all evil today."

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6figure
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.19
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Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by Johnvh2811:
i want out

You'll be sorry, that's all I have to say.
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bayvillian516
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thats a good plan then.
I like to buy high and sell low too

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6figure
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y is that should i leave it
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buckstalker
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I want out too...at .50


quote:
Originally posted by Johnvh2811:
i want out



--------------------
***********************

It's all in the timing...

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juice
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happy i bought at the dip.... thinkin about addin some more tommorrow before next week hits.
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Repoman75
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Here's a response from the CEO:

XXXXX

The vast majority of our properties are marginal, usually between 850 feet to 2000 feet, the new rework and drilling are on the same areas but between 3000 and 6000 feet, this deep wells are more costly, however we have a good idea of where are the good spots, equipment and logistics are in place on most cases. The potential of recoverable oil will be when we have production on both levels shallow and deep.

Thanks

Rafael Pinedo


----- Original Message -----
From: XXXXXXXXXX
To: rpinedo*bpetroleum.com
Subject: Re: Shareholder Question
Date: Wed, 3 May 2006 11:18:34 -0700 (PDT)


Thanks for your quick response Rafael. I understand you must be busy nowadays since the PR you released on May 1st. I appreciate you taking the time to answer my questions.

I do look forward for another PR in the near future to further explain the international connections that Pilgrim has.

One other quick question on your financials that you released today.

In the May 1st PR, you stated that:
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.

This is from the Quarterly Report:
The company as of March 31, 2006 had a NPV of $1,427,067 in estimated
net remaining proved undeveloped reserves of 576,192 barrels valued
at $40.00 per barrel.

Does that mean that to date, Pilgrim has drilled only 576,192 barrels of oil, but that you expect, based on all of your holdings, to be able to drill 900 million barrels of oil? If so, in what timeframe do you see your proved reserves increasing and by how much?

Thanks again for your response. If you wish, Edward Monet can answer my questions if you can forward my e-mail to him.

Thanks,
XXXXXXX

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

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js49886
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Are you in this to loose money?

--------------------
"Money, so they say
Is the root of all evil today."

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6figure
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no
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rocked
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lol i know really, wtf
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juice
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Im out when i look at it again in july.... its only may and people are going crazy over oil. the summer is going to be nutty. been loading efcr in .025 range and dvpc and this.... come july all oil flies, thats what happend last year and the year before. man its gonna be a nice summer:)
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banger187
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Juice,

What's the word on EFCR? Any pending pr's?

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js49886
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Im lookin' for another flip, then I'll put it back in. Im only a small time "investor"

--------------------
"Money, so they say
Is the root of all evil today."

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juice
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banger i was going to pm you.. .but for some reason im not allowed??!! wtf
ok well
i sold a good amount of efcr today because nite was sitting there sellin off forever and not budging. saw the same thing last week with UBSS. they don't want it to move big yet, or else they would be sellin way higher. without a doubt a p/r will come. the o/s has grown last couple of years also so i wouldn't expect as big of a move as in the past. but it is an oil play and interest is growing, with a halfway decent p/r i say we see .06 - .08 tops by july....
i also like dvpc:)

best of luck with PGPM everyone!

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Hiker
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Down to .14...how much lower can she go? I'm buying another G if it hits .13
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redmax
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MMs bringing it down. Looks weak on the sell side though. Look for a run in the last 20 minutes of trading
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