quote:Originally posted by Humbleman: so even at tomorrows ask price of .30 this is a buy? surf?
I don't think that anyone will tell you straight up to buy or sell. I will be holding for a while. The people that hold a good portion of the shares won't be selling until this is higher. Some bought RGNO over a dollar and have averaged down. Last time this ran it went over $3. Pretty incredible to think, but I've seen it before.
posted
On a side note, I expect to see the same thing on GLXI as RGNO. Float is only about 4 mil. There is a estimated 5-20mil shares shorted in GLXI. The company is changing it's name and ticker symbol in the next few weeks and we will see much of the same behavior as RGNO. GLXI was over a $1 at one point. FYI GLTY
quote:Originally posted by cassity: On a side note, I expect to see the same thing on GLXI as RGNO. Float is only about 4 mil. There is a estimated 5-20mil shares shorted in GLXI. The company is changing it's name and ticker symbol in the next few weeks and we will see much of the same behavior as RGNO. GLXI was over a $1 at one point. FYI GLTY
Hey man isn't there another board for that!!!!!
I don't come to your house and sh!t in your toilet. LOL
Posts: 6410 | Registered: Jul 2006
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quote:Originally posted by cassity: On a side note, I expect to see the same thing on GLXI as RGNO. Float is only about 4 mil. There is a estimated 5-20mil shares shorted in GLXI. The company is changing it's name and ticker symbol in the next few weeks and we will see much of the same behavior as RGNO. GLXI was over a $1 at one point. FYI GLTY
Hey man isn't there another board for that!!!!!
I don't come to your house and sh!t in your toilet. LOL
The only reason you don't, is because you live clear across the country! LMAO You can sh&t in my toilet, any time you feel the urge! LOL
posted
Regions Explores State of The Art Technology That Enhances Secondary Oil Recovery Methods by Up To 100 Fold 5:00a ET February 15, 2007 (Business Wire) Regions Oil and Gas, Inc. (Pink Sheets: RGNO) announced today, they are exploring the use of a state of the art technology relating to secondary oil recovery. This unique Enhanced Recovery Method has been shown to increase production of marginal wells up to 100 fold. Reaching new levels in oil production such as this can mean billions of dollars in new revenue to the industry.
"In February 2006, a series of technical reports released by the Department on Energy (DOE) Office of Fossil Energy highlight the significant potential for state-of-the-art and advanced oil recovery technologies to significantly contribute to the development of the large volume of remaining undeveloped domestic oil resources in the United States. Ten basin-oriented assessments- four new, three updated and three previously released- estimate that 89 billion barrels of additional oil from currently "stranded" oil resources in ten U.S. regions could be technically recoverable..." (http://www.fossil.energy.gov/programs/oilgas/eor/index.html)
Company officials for RGNO have expressed their excitement with regards to this new technology. Implementation, after field trials, could be as early as August of 2007.
"While there are a lot of companies out there that have proven track records when it comes to enhanced recovery projects, we have narrowed down our search to one company. We feel this company has the best ideas and are on the leading edge of a technology breakthrough in the patch. As we get further along in the process of acquiring the rights to this product we will provide further updates," Stated Jerry Griggs, CEO, Regions Oil and Gas.
About Regions Oil & Gas, Inc.: Regions Oil & Gas Corporation ("Regions" or the "Company") was formed to initiate, manage, acquire, supervise and operate oil and gas ventures and to otherwise engage in the oil and gas industry and exploration business. The Company solicits and acquires from accredited and institutional investors, the capital necessary to lease, develop, and complete oil and gas wells. Their philosophy and strategy is "Bringing New Life to Old Forgotten Fields." The fields in question were generally produced in the early 1900s with the mindset and technology created during the industry's infancy. As a result, these wells have large amounts of oil still in reserves.
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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Looks like MMs shook it low so they (or someone) could buy 437,400 shares at 0.15.
WOW!
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
Your post is 10 mins after mine. It went from 15 to 17 then back down.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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