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no way not selling, way to much on the horizion. We will see much high prices this summer IMO, and a few good p/r's, and im sure they'll be pretty frequent as well with all they are accomplishing... looks like a good play to hold and accumulate..
Posts: 2794 | From: nyc | Registered: Aug 2005
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hey letitride lol i feel ya! haha im red on all my holds. just gonna average down on the ones i feel confident about having done my own DD of course still trying to flip for cash to make up for that red though haha... man I can't wait until this week is over!! you still in wbrs? ive managed to cost avg to .06 this week. can't wait until PGPM gets the attention it deserves again! This is just like NDOL and I sold way to early on that one for sure, not going to miss out this time around, thats for sure! GOod luck!
Posts: 2794 | From: nyc | Registered: Aug 2005
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Pilgrim Petroleum Announces Strategic Alliance & Exclusive Interview at Wall Street Reporter May 12, 2006 1:08:00 PM Copyright Business Wire 2006 IRVING, Texas--(BUSINESS WIRE)--May 12, 2006--
Pilgrim Petroleum (Pink Sheets:PGPM) President and Chief Executive Officer Rafael Pinedo explained in an interview the financial and operational position of the Company as well as their 2006 Strategy Plan. The Interview was conducted by Wall Street Reporter and can be accessed under the following weblink: http://www.******************.com.
The Interview is listed as the 2nd link under OTCBB Today's Interview, on the right-hand of the programming guide.
In addition, Pilgrim Petroleum will be signing a strategic alliance with J.A.R Corp of San Antonio, Texas. J.A.R Corp is the provider of a state of the art recovery technology known as "magnetic-sub". Pilgrim Petroleum will speed the process to incorporate and develop more wells in a short period of time along with enhancing production on some of our existing wells.
Magnetic-sub will limit the cost of transportation, loss of production, manpower, safety, and liability issues in conjunction with environmental issues and potential reservoir damage.
About Pilgrim Petroleum Corporation.
Pilgrim Petroleum (Pink Sheets:PGPM) Corporation is an independent oil and gas company based in Irving, Texas. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests primary on marginal fields. Once acquired, the company intends to redevelop each property to maximize the income from each property by refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
Source: Pilgrim Petroleum Corporation
---------------------------------------------- Pilgrim Petroleum Corporation Eddie Monet 619-864-0166 www.apetroleum.com
-------------------- ***********************
It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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surface interests primary on marginal fields.! WTF!! what about the 900 million barrels of reserves! again no mention of it! thats what made this thing run up so high! I am beginning to get the feeling we have been had!!. they REALY need to clarify that boast! otherwise this is done!!
Posts: 2503 | From: connecticut | Registered: Mar 2005
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quote:Originally posted by juice: hey letitride lol i feel ya! haha im red on all my holds. just gonna average down on the ones i feel confident about having done my own DD of course still trying to flip for cash to make up for that red though haha... man I can't wait until this week is over!! you still in wbrs? ive managed to cost avg to .06 this week. can't wait until PGPM gets the attention it deserves again! This is just like NDOL and I sold way to early on that one for sure, not going to miss out this time around, thats for sure! GOod luck!
Yup juice still in WBRS!! Every hour that ticks by is a dagger in my heart over there lol. I don't have any free money right now to average down in anything. (only down in 2 stocks, the others are flat) I will be putting more money in my acount at the end of the month, if one of my stocks makes a nice run I will sell to free up some cash but nothing else i can do right now! That's the worst part about this, I don't mind waiting on a stock or two IF I am making a little somewhere else and selling and buying.. I need to be buying something otherwise I get NERVOUS LOL
-------------------- let it ride!!! Posts: 635 | From: Orlando Florida | Registered: Mar 2006
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I just tried contacting them concerning the 900m (again), Im waiting to hear back from them .
It was mentioned before than figure may be a little optimistic, but the real numbers even being fraction of what they mentioned, will still drive this up bigtime from what it is now.
-------------------- "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 Dardadog: Hope everyone took advantage of low prices this week to accumulate here.
Ruff!!!!!
What do you think about them not addressing the 900 million barrels of reserves Dog? TIA
Posts: 1236 | From: The Bluegrass State | Registered: Sep 2005
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i think they'll address the 900mil barrels again once they have better evidence.. or else it's just pumping... i'm guessing that they're waiting for a more thorough analysis of some sort.. cuz when u think about it, for example, USXP, always mention they got hundreds of millions awarded to them and tens of millions from investors, but never shows up, and yet they mention that so often! if PGPM does that, then it would be no better than USXP.. IMHO
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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quote:Originally posted by juice: no way not selling, way to much on the horizion. We will see much high prices this summer IMO, and a few good p/r's, and im sure they'll be pretty frequent as well with all they are accomplishing... looks like a good play to hold and accumulate..
What is on the horizon????
Posts: 448 | From: New Jersey | Registered: Aug 2005
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quote:Originally posted by lostone: i think they'll address the 900mil barrels again once they have better evidence.. or else it's just pumping... i'm guessing that they're waiting for a more thorough analysis of some sort.. cuz when u think about it, for example, USXP, always mention they got hundreds of millions awarded to them and tens of millions from investors, but never shows up, and yet they mention that so often! if PGPM does that, then it would be no better than USXP.. IMHO
I talked to Eddie again on Friday. He said they didn't feel a need to address it, they already did so. They will clarify more with the next Financials. Also, this guy was talking about them gearing up to be the next big oil player. He noted Unocal, and Shell oil as examples. I can see where it could happen note Frontier oil. This is a very good opportunity to get in on the ground floor of something huge. I read people well, and based on the conversations I have had with management, I feel these guys have one of the best shots out there. Posts: 4381 | From: houston | Registered: Mar 2006
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Hey Invester, maybe when I get back to THE GREAT STATE OF TEXAS, we can make a daytrip up there and meet these folks and see what they really have up their sleeve. Just a thought. btw have you seen the banter on the ndol board? down to .76 cents. that is plum ugly. if the 8k clears up some of this mass confusion I may have to get back in. See ya, TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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I have to say, I think I am finished with NDOL. I sold at 1.19, 1.30's, and 1.49. There is just to much potential in WWEN/AURC/PGPM. I am also taking some options in Pacific Ethanol. It will retreat a little from here. I think mid 30's. But as far as nord, I'm finished. I am actually going up to Dallas with some banker friends at the end of May. We were thinking of stopping by Irving to speak with Eddie, or the CEO. Gotta love Texas Tman. Have a good one.
Posts: 4381 | From: houston | Registered: Mar 2006
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Honestly I don't see why there can't be oil in Texas as they are now wanting to lease my land in west Louisiana for drilling. Wouldn't that be something if they did hit some black gold. Mineral rights are mine!!!
I will jump back in for a few thousand shares later after a pullback of some sort. IMO
posted
I just riding free shares for this one now. Ther are a few things I don't like about their Prs. Seem a little pumpy to me.
Posts: 383 | Registered: Apr 2006
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the stock is legit...of course they're pumpy, they want to bring enthusiasm to the stock..
Posts: 1029 | From: Long Island, NY | Registered: Apr 2006
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still trying to flip for cash to make up for that red though haha... man I can't wait until this week is over!! you still in wbrs? ive managed to cost avg to .06 this week. can't wait until PGPM gets the attention it deserves again! This is just like NDOL and I sold way to early on that one for sure, not going to miss out this time around, thats for sure! GOod luck!
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and i just added 10,000 today..
