posted
Not a good day but this is a Co on the rise today was just a minor flesh wound. only down 6% above average volume divvy coming this will be just fine
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
End of day buying. The dd speaks for itself. The best oil/gas play I can find short term and a moon shot long term. When the sector to heat back up JUICE and Johnny hang on. Adding shares in AM. GLTA.
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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quote:Originally posted by GVMOORE: End of day buying. The dd speaks for itself. The best oil/gas play I can find short term and a moon shot long term. When the sector to heat back up JUICE and Johnny hang on. Adding shares in AM. GLTA.
Love the enthusiasm GVMOORE. I'm going to have to strap myself in when this baby takes off!!!!!I have such faith in this that I have a smile on the dips because it's a great chance to buy more.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
pretty strong finish, volume picked up toward EOD with a lot of buys. looks good for monday!
Posts: 2741 | From: Seattle | Registered: Feb 2005
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Received my TYCHE divy shares this morning. Good to see BIGN following through on time!!!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
*********.com: ********* Alerts for Friday, June 2,
Dallas, Texas, Jun 02, 2006 (M2 PRESSWIRE via COMTEX) -- ********* Pre-Market Updates for Friday include Biogenerics Ltd (OTC: BIGN), Dale Jarrett Racing Adventure, Inc. (OTCBB: DJRT), Fellows Energy, Ltd. (OTCBB: FLWE), Veramark Technologies Inc (OTCBB: VERA) , SmarTire Systems Inc (OTCBB: SMTR), and Microfield Group Inc (OTCBB: MICG) .********* Price Alerts feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock. If you would like to feature your publicly traded company in our alerts or on *********.com, email feature**********.com or call (469)252-3031.
Posts: 90 | From: NJ | Registered: May 2006
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posted
The stock divvy was probably just a transfer of funds from BIGN to Tyche. Could be they need funding to to work on a project.
BIGN going down is expected because they had to pay for the divvy.
Should make their way back up now. The grimes wells coming on line this week or next. Plus other wells targeted.
As the deals close our revenue base should reach 15 million or more with payout for each deal at about three years and the possibility of tripling production.
Price of natural gas close to traditional bottom months, should start climbing now during the hot summer as electricity demand increases and then into the winter as they build inventory for winter heating.
Don't see much negative for this company. A slow steady climb unless they hit a big well in New Mexico. Each new revenue stream just gives them the money to expand more.
The proven reserves of all the deals close to 2.5 billion in value. Market cap just 10 million so exponential opportunity if they get it running as expected.
If reserves are actually 2.5 billion and 303 mil os then almost 10.00/sh book value.
Posts: 660 | From: Kansas | Registered: Mar 2005
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Notice the big jump in production as high as 72,000 mcf. Wonder what they did to get these results? If we can do that we are in business.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
Valuation of reserves, we have over 24 million barrels. This transaction says a lot.
quote: DENVER, -- Venoco, Inc. (Bloomberg Ticker: **VEN) announced that it has acquired TexCal Energy (LP) LLC, an independent exploration and production company with properties in Texas and California for $456 million in cash.
TexCal's proved reserves were 31.4 million barrels of oil equivalent (MMBOE) at December 31, 2005 according to a report prepared by DeGolyer and MacNaughton, TexCal's third-party reservoir engineering firm. In addition to the proved reserves, Venoco has internally estimated an additional 22 MMBOE of probable and possible reserves related to the TexCal assets. Based on the 31.4 MMBOE of proved reserves, the transaction implies a cost of $14.50 per BOE. Including the 22 MMBOE of probable and possible reserves, the transaction implies a cost of $8.52 per barrel of oil equivalent (BOE). TexCal's current daily net production is approximately 5,200 BOE per day (BOE/d), implying a reserve to production ratio of 16.5 years
456 million for 31 million barrels. If we use the same dollars for our assets
24 million X 14.50 = 348 million
With a market cap of 10 million we are just a smidge under valued.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
Thanks for all the great info. Sell Sell I'm buying and promise to sell them back for 1.00 by year end. If it gets any better I'm going to have to strap on a diaper. GLTA
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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The beauty behind BIGN is the technology used to hydroslot the wells. This is a BIG DEAL!!! 150,000 to slot a formerly producing well vs. 750,000 to drill a new one which might not hit. It is far quicker to hdroslot than drill. I expect to see the volume of wells in Grimes being completed to increase.
We have to remember that the first two wells were proving the technology. I can fully imagine a deal with schlumberger to get full use of the rework rigs. Schlumberger is huge and does this with companies all the time. It saves them a lot of down time and money not to have to move the rig around.
I also see BIGN as a company that is fiscally responsible, and does not waste our money. This increases our margin. It appears that management has a ton of shares, and wants to increase their wealth through the share price.
It is so rare to get in on the very ground floor of an opportunity like this. It is a no-lose proposition. This company will grow fast.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Im totally in this stock. Im adding another 200 k today as well. This stock has soo much potential. I became amillionaire through usxp and I believe this will do the same for me , so I will keep loading as long the prices stay this low , it should bounce of its 10 dma anytime soon , very bullish sign. Who else is holding this stock ?
Posts: 14 | Registered: Jun 2006
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posted
We've barely scratched the surface with this company, IMO, this is one of the most undervalued, most promising stocks available.
Posts: 559 | From: MN | Registered: Apr 2006
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posted
Yeah I agree mnvestor , this company has soo much potential and so much going for it , once we get the acquisitions we can see an ndol move pulled and more Posts: 14 | Registered: Jun 2006
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posted
been in since I posted this thread at .026 and have kept adding
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
awesome good job. Where do you think its heading this week based on the technicals on the chart?
Posts: 14 | Registered: Jun 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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