Vinoble, Inc (fka VNBL)

[kraigger23]

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[BMiles]

Don't forget we get news tomorrow!!! I guess it is actually today, judging by the fact it is now Thursday. I better get to bed.

Brad

[BMiles]

My DSL is back up. I will be back in action tomorrow.

Brad

[BMiles]

I am still here guys. Last night the fires out here in California ran right up to the city limits. I have been without DSL since late last night. I'm guessing the fires are the reason why. It is supposed to come back on tonight at 11:30 but it was also supposed to come back on at 2 PM and 7 PM. Intermittently I can get on at a real slow speed, takes 2 minutes to send an e-mail. At times my wireless catches a weak signal hot spot and I get on that way.

Hope to be back in action soon,

Brad

[kraigger23]

After rereading post #225,

I realized it was not very clear that I was referring to Lowman's labeling of BMiles and anyone else associated with BMILES.

Yesterday LOWMAN labeled BMILES as a Pumper and Dumper. Most of us know this to not be true. I stood up for this yesterday and BMILES told me it was over. Earlier In post #225 I was poking fun at LOWMAN or lead moderator for not showing up today, and it did not sound right.

That was my reference to past post, not to anyone else on the board, so I truly hope I did not offend any of you. If necessary read the following post to see what I meant by the pump and dump statment (Post #144 Post #158 Post # 173)
I got tired of LOWMAN and we do not need to here this stuff here.
I do apologize if I offended anyone, especially BMILES who has done a great job.

Kraigger 23

[kraigger23]

Barcharts
Date Open High Low Close DAY Volume Percent
07/12/06 0.0470 0.0570 0.0441 0.0530 +0.0040 4861487 +8.16 %

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 80% - Buy
20-Day Average Volume - 7454540

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 4886584

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 2947318

Overall Average: 96% - Buy

Price Support Pivot Point Resistance

0.0530 0.0385 0.0514 0.0643

[kraigger23]

I did watch, maybe he is playing hide and seek thinking .04 is still the number to buy. Specially since we are pumpers and dumpers in this stock. All we want is proper DD at all times. MY turn to search I guess.

ALLY ALLY UMKIN FREE

isn't that what the kids say when they can not find everyone hidding.

Oh well let him stay in the hiding place, I guess he is moderating and no one has said anything wrong.

Maybe since Bmiles has not posted He thinks he has no one to argue with today.

See You soon Dinner time in Texas.

[trade2much]

Hi Kraigger: not sure was it my day to watch him? I thought you guys were? lol

[kraigger23]

Where did are moderator go today Trade

[trade2much]

We are on a roll!!!!! and the feeding frenzy has started. lol

[arbor605]

Sharing ....We anticipate hitting our target depth somewhere around july 24th. As far as an update, we did just put out a press release 4 days ago. I do anticipate we will continue to update the public weekly. So later this week.

Got this message last evening from Mike, Investor Relation, VNBL.

[ganman]

Hmm.. we may hit gas before oil that would be an interesting find. Diddnt have the gap up today as I expected and still me account shows red...only consolation is that otherwise I would have thrown this at xkem which seems to do even worse..so much for learning as I go..

[msgbrdinfo]

Don't forget we'll be getting news before they reach the target depth. The name change news at the least and maybe some more info at that time. Maybe news when they hit the original target "M" sand depth.
Next 2 weeks won't be as quiet as some think.

[howies1]

I agree,i know its very hard to time the botton.I see us stabilizing in the low.04's before the next move up.Some people on rb are predicting .03's,i dont see it going that low.I am looking to add,waiting for the right tinme whenever the hell that is.

[thisdoesnotwork]

I think your being a bit optimistic. According to thier last PR, and assuming they're at 12K feet right now, that is 1000 feet in 5 days, or 200 ft/day. However, all correspondence I've had with the company confirms that the deeper it gets, the slower it goes. I think we should be lucky to hit the first 13500 mark by next weekend (22-23) and the final depth sometime in the last week of July. I'm just hoping for a PR when we get to the 13.5K mark saying 'Yep, there's lots of Black gold down there...'

Does anyone know how they calculate proven and probable reserves? When they strike oil, how do they tell how much is down there? Do they just assume, since they struck oil, that their original estimates were correct, or do they have some sort of formula based on pressure etc.? Just curious...I'm a gambler not an oilman LOL.

Meanwhile, I expect many may be losing interest, as most traders attention spans are a few days to a week at best. I predict volume will continue to taper with the price drifting down/stabalizing until only longs waiting for the final results are left holding.

Which makes it a great buying opportunity to add to our positions!!

Good luck gambling!

[kraigger23]

250 feet a day is a good average at this depth. We may drop off a litlle but remember this. The closer they get to the bottom, the longer they will work each day. They guys drilling will work harder to get the job down and they also get paid bonuses if they reach in a certain time frame, and they hit Oil.

[msgbrdinfo]

I see now...250ft/day makes sense. They were at 11k feet early Friday morning. They are at 12k now. That means 250ft/per day Friday, Sat, Mon, Tuesday to get 1000 ft.
Run up should start within a few days...

[kraigger23]

11994 feet and add today at 25 feet per hour @ 10 hours today 250 feet 12,244 tomorrow and 12494 Friday 12744 Saturday Sunday off 12994 Monday 13244 Tuesday, 13,494 Wednesday 13,744 Thursday, 13994 Friday, Saturday next week we hit the mark.

Gentleman start your engines. Just kidding but we should see 250 feet per day and that puts us a week away.

Kraigger23

[msgbrdinfo]

Do you know if they drill throughout the weekend or how many hours per day they drill? Just curious.
If they are just drilling during the week then it looks like about 500 ft/day. That would put them at the "M" sand by the end of Friday. The "P" sand would only be a couple of days after that.
Maybe 2 PR's by the end of the week?
Just speculating...

[trade2much]

Arbor what else did you ask about. Prs deals etc

TIA

john

[parshooter220]

Thanks Arbor

[arbor605]

Just got off the phone. Right now at 11994 feet.

[jamesplays]

Wednesday

I think that we will see a close of 0.055 and maybe higher with the antcipation of Thursday PR. We retracked and now it is time to move up. By Friday it could be very interesting.

James

[BMiles]

VNBL DD #1 For Newcomers

VNBL has a 5% interest in a well that is currently being drilled as we speak. They expect to prove reserves of 11 million barrels of oil from an historically proven territory referred to as the Clovelly Field. From this link you will see the Clovelly Field has been producing oil and gas for many years. http://www.cgrpttc.lsu.edu/lainfo/prodfld/ (Scroll Down and select Clovelly) Highly unlikely they won't find a payout in my opinion.

The O/S on this stock right now is 97,595,274. As many of you may be aware, the SEC does not allow a company to record reserves as an asset on their financial's until it has been proven. It does not matter what type of technology you use to show there is oil under an area of land, it is not considered proven until you have drilled the property and have proven a plan of recovery of the oil.

Now for the fun part -

11 million barrels x $70 a barrel = $770,000,000

$770,000,000 x 5% interest = $38,500,000

$38,500,000 / 97,595,274 shares outstanding = asset book value of 39 cents a share.

Now for real book value:

Asset from new well if proved = $38,500,000

$38,500,000 + $1,825,000 assets currently reported in most recent filing = $40,325,000

$40,325,000 - $612,000 in total liabilities reported on last SEC filing = $39,713,000 Total Stock Holder Equity

$39,713,000 Total Stock Holder Equity / 97,595,274 Shares Outstanding = 41 cents Book Value.

If they do hit recoverable oil, the book value of the stock will jump to 41 cents a share. Now when we consider that oil stocks are currently trading two - three times book value, we could theoretically see the stock trading to as high as $.82 - $1.23 in a very short period of time. That would generate one heck of a return for a stock currently trading at 2 cents a share. Now I am not speculating the stock will ever trade to $1.23 but I have however proven it to be a real possibility if they do prove oil with the current drilling program.

Considering today’s technology used to identify oil reserves, the chance of not finding oil in this already proven area have been significantly reduced as opposed to several years back. In my opinion. I believe it is highly likely the Drill Rig will discover what VNBL and the JV’s are anticipating. I don't seem to be the only one expecting to see value added to this stock, let’s take a look at the CFO / CEO trading action.

Catherine Thompson is the CFO / CEO of VNBL, below I have outlined her trading pattern and dates. The obvious here is that if anyone is going to know where the stock price is going to go, it is going to be the CFO / CEO.

Lets first point out that Catherine was selling her holding of stock in this company as late as October of 2004. Obviously she knew what she was doing as the stock has done nothing but head straight down ever since.

Catherine seems to now have a change of heart as to the direction she believes the stock will be trading as shown by the shares she has recently taken on with no SEC filings indicating she has sold a single share since October 2004.

Stock Transactions:
7/1/2005 - 700,000 Shares at 10 cents
2/6/2006 - 1,166,667 Shares at 3 cents
2/9/2006 - 55,000 Shares at 3 cents
3/31/2006 - 897,462 Shares at 1.3 cents
4/25/2006 - 618,519 Shares at 1.35 cents
5/4/2006 - 1,041,464 Shares at 1.12 cents

Catherine has quite a large position of stock in this company and as I stated, she has not been selling but taking on even more shares. My guess is that the reasoning behind her taking on all these shares revolves around what she anticipates the value of the stock to be once it can realize the Clovelly South Prospect reserves in its financial filings. This is just a hunch but if the reason for holding all these shares is not because of the Clovelly South Prospect then it must be because of something else she is in the know about. It only makes sense that Catherine has a much better insight as to which direction this stock is going to trade in the near future than I do for obvious inside reasons.

The last thing I would like to point out here is that as of May 2nd 2005, VNBL came off the SHO list. To get on the SHO list, there must be an illegal necked short position in your stock. Those that sale these illegal shares are very organized and very in tune with a company’s status. These large organized groups sell these illegal shares into a stock they believe will never have a viable business and will just disappear one day. In this situation, the large organized group never has to cover there illegal shorted position.

I have studied this illegal shorting activity for the past three years now, I have become very knowledgeable on this subject. One thing I have found is that you can buy up all the shares in your own company you want, you can buy up the entire float, but the most successful way of forcing these groups to cover is by adding real value to your company. I can go into how this works in greater detail on another date but my point here is that smart money found a viable reason to cover there illegally shorted position.

I do not claim to be an expert on fundamentals but I do believe this DD summary to be fully factual and accurate to the best of my knowledge. All of this information has been generated directly from recent PR’s and most importantly the SEC filings. If anyone has any question or needs me to go into greater detail, don't hesitate to ask. I believe this stock to present the home run possibilities everyone hopes to be a part of and I wish everyone the best of luck.

Brad

[BMiles]

VNBL DD #2 for Newcomers

When you hear them refer to our well as Allain LeBreton No. 2, did it ever get you wondering if their was a Allain LeBreton No. 1? Well you are in luck because I have the answer for you right here.

I have found that ORX Resources, a private organization, is the operator of our Allain LeBreton No. 2 well. I have also found they were the Operator of Allain LeBreton No. 1 as well. Here you will see they had run the pipeline to put that well into production.

ORX RESOURCES
C/O C.H. FENSTERMAKER & ASSOCIATES, INC.

LOCATION OF WORK: Lafourche Parish, LA: Section 7; T19S-R22E; Section 31 & 32, T18S-R22E

DESCRIPTION OF WORK: Proposed installation of one 4-inch flowline, approximately 7,494 feet in length to serve and produce the ORX Resources, Inc.- Allain Lebreton No. 1 Well. The line will be installed from the well, across the levee and then directionally bored below and existing ditch and roadway. The line will be installed on the surface of the marsh and directionally bored from the east side of the Hurricane Protection Levee below an existing ditch and roadway. An existing permitized pad site adjacent to the road will be used for the entry point and the backstring of the pipe will be placed on rollers adjacent to the levee at the exit point of the bore. The levee crossing will be conducted in accordance with U.S. Army Corps of Engineers’ specification. No tracked or wheeled vehicles will be used for the installation of the pipe across the marsh.
http://www.slld.net/mins-agendas/aug.html

The well was not however a perfect well. It produced natural gas at a strong rate of 2.55 million cubic feet per day but the oil production was not as what was expected in that they found oil and condensate as you will see here in a PR from a JV at the time.
http://www.sism.com/Ioc04082004.pdf

In addition, the Allain LeBreton No. 1 well was drilled to only 13,140 feet as seen in this PR from the former JV. http://www.sism.com/IOC%20PR%20Feb%2013%202004.pdf The significant difference here is that ORX Resources and the JV's have decided to drill the Allain LeBreton No. 1 well down to 14,500 feet where they anticpate from further 3D Seismic survey's they will locate 11 million barrels of oil.

The Allain LeBreton No. 1 well showed signs that the oil was there for the taking, all we have to do this time is just tap into it and hopefully drilling down another 1,400 feet at a new location will do the trick.

Worst case scenario we only find gas:

2.55 million cubicfeet per day is equal to 2627 MMBTU per day

2627 x $7 Average per MMBTU = $18,389 per day (not accounting for higher winter pricing)

$18,389 x 365 days in a year = $6,711,985

$6,711,985 x 5% interest = $335,599 Annual Revenue for VNBL

At this time, I do not know the potential size of the natural gas reserve so I cannot calculate how much this reserve would effect the book value of VNBL as I have if they locate oil.

Not bad when you consider the stock is trading at 2 cents with only 97,595,274 O/S and very little debt. I've seen oil company's trading much higher with no revenue stream and a much higher O/S while carrying a very heavy debt load. In the least, you know your secure entering the stock at the current trading range.

Best case scenario is we find the 11 million barrels of oil:

11 million barrels x $70 a barrel = $770,000,000

$770,000,000 x 5% interest = $38,500,000

$38,500,000 / 97,595,274 shares outstanding = asset book value of 39 cents a share.

Now for real book value:

Asset from new well if proved = $38,500,000

$38,500,000 + $1,825,000 assets currently reported in most recent filing = $40,325,000

$40,325,000 - $612,000 in total liabilities reported on last SEC filing = $39,713,000 Total Stock Holder Equity

$39,713,000 Total Stock Holder Equity / 97,595,274 Shares Outstanding = 41 cents Book Value.

If they do hit recoverable oil, the book value of the stock will jump to 41 cents a share. Now when we consider that oil stocks are currently trading two - three times book value, we could theoretically see the stock trading to as high as $.82 - $1.23 in a very short period of time. That would generate one heck of a return for a stock currently trading at 2 cents a share. Now I am not speculating, nor do I believe the stock will ever trade to $1.23 but I have however proven it to be a real possibility if they do prove oil with the current drilling program.

This will be the second well for ORX Resources in this area, I seriously doubt they would drill another well that deep if they only expected to find natural gas again this time and not recoverable oil, especially when you consider the drilling to cost in excess of $5,000,000 and ORX Resources is putting up the majority of the cash from what I have found. This well is not a hoax or a phantom well that does not exit, I have even found licensing and permitting of this second well.

Either best case scenario or worst case scenario, I think I have proven without a doubt that the share price will move up with the results of the current drilling program taking place. I hope this has been helpful for those on the fence about investing in this stock.

Brad

[trade2much]

From a Fibonacci Retracement we have exceeded the first Bullish level of 23.6% we are at 32.8%, the next level of Bullish retracement is seen as 38.2%. In essence what we have seen thus far is healthy and as BMILES posted merely appears to be digestion for the next leg. Pending PRs will POP us imho

I used the low 6/26 and the high of 7/7 in the Fib retrace.

So far the retrace is actually less than is customary.

Most retraces hit the 38.2% or more. Note this is mid way and that is bullish
Fibonacci Retracement levels:
23.6% = Bullish
38.2% = Bullish
50% = indecision
61.8% = Bearish
100% = Bearish

[BMiles]

Per the reverse split comment on Raging Bull -

Two weeks ago I wrote VNBL with concern of there plan to restructure under a new name. Below I have copied their exact comments word for in their response.

"A reverse split would be a corporate action that would be required to be in the 14C as well as the name change. Since we did not announce it, we cannot conduct one. The company believes that doing a reverse at this time is of no benefit, and there has been consideration that if the well is successful, the company can restructure by repurchasing some shares instead of reversing."

I slept a few days after that then decided there could be some loop holes in their comments so I wrote another letter Sunday evening asking more questions about a possible reverse split while they restructure under this new name. Below I have again copied there comments word for word.

"I understand your concern about reverse split, but I can 100% guarantee that there is none. Catherine signed an affidavit that was sent to Nasdaq Market Integrity Department Friday of last week about the new stock certs, cusip, and any forward or reverse split. There is none. It will be on the nasdaq site soon."

Those of you that have been following this stock for a while, you know I have been dead on with everything and know I would impersonate responses from VNBL. This information is of course factual and there will be no reverse split. Do not what you feel you need to do with your position but do not sell your shares based off some basher on Raging Bull stating there is going to be a reverse split.

Brad

[arbor605]

OOOOOPS

[BMiles]

arbor605, it is important that people know the actual O/S as not to ever be surprised. I believe the link you posted to support your statement to be wrong, I think they had a typo. As of 5/11/2006 the O/S was 97,505,274 per there last Quarterly SEC Financial filing. It can be found on page one of the attached link. http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001199073%2D06%2D000381%2Etxt&FilePath...

Last night a post was made on Raging Bull where a poster had spoke with VNBL and they stated the following -

"I remember the os as 104,700,000. It will be in the DEF14C that we file on Friday with the SEC, which is official notification of the name change"

Brad

[BMiles]

kraigger, I think arguing is over so we can return this board to DD I hope.

Brad

[arbor605]

As on May 11th 2006,

Outstanding shares are : 76,125,722

http://www.otcbb.com/profiles/VNBL.htm

[parshooter220]

Link posted by Arbor on RB. Worthwhile reading.

Vinoble Provides Update on the Oil and Gas Prospect

[09/30/05]
Vinoble, Inc., a holding company seeking to identify long-term growth opportunities in the areas of homeland security, security information systems, and other security services is pleased to announce that pursuant to its news release dated September 9, 2005, the Company announced it entered into a Memorandum of Understanding to acquire a minority working interest in an Oil and Gas opportunity that is known as the Clovelly Prospect.

Located 35 miles southwest of New Orleans in the Lafourche Parish, the Clovelly Field is a late piercement salt dome that traps hydrocarbon from Late to Middle Miocene time. Since its discovery in 1950, the field has produced in excess of 30 MMBO and 200 GCFG. Reservoirs typically exhibit moderate water drives and benefit from water and/or gas injection. Stone has redeveloped the eastern flank of the field with additional drilling and water injection. Similar opportunities exist here at our proposed location.

The ORX Allain-Lebreton #2 will test an upthrown 3-way closure with multiple targets. Objectives range from the Cib Carst Sand at about 12,000' MD through the Lower Tex W (M Sand) at about 13,000' with possibilities of a deeper P Sand objective. The prospect is upthrown to a regional East-West trending fault system that traps production at Kings Ridge and Coffee Bay on both upthrown and downthrown sides of the fault.

Clovelly Field is trapped by a nearly vertical salt mass, which moved subsequent to Middle Miocene Tex W sand deposition. Very little gouge is seen surrounding the salt, and it is typical in the few deeper salt penetrations to see a normal sediment sequence abruptly terminated by salt. A number of shallow caprock/salt penetrations lie on the crest of the dome at depths of 1,100-1,200 feet. Four salt penetrations from 11,380' to 13,220' around the dome document extremely steep dips on the salt face.

Field production from the M Sand exceeds 25 MMBO and 120 BCFG. Extremely long hydrocarbon columns are seen around the dome broken into segments by radial faulting. It is notable that gas content of the fault segments increases from low GOR (less than 1,000-1) oil production with no gas cap in the south flank to oil with gas caps on the east and west flanks to gas/condensate reservoirs on the north flank with GOR exceeding 100,000-1. It is felt that as the salt mass moved upward activating radial faulting, oil migrated from the south and filtered through the faulting, producing the noted GOR gradient.

While the Company is currently seeking other opportunities to add value to its property holdings through acquisition, Vinoble views these additional assets will provide the Company and its shareholders a much-improved increase in shareholder value. The Clovelly prospect can serve as a valuable resource for Vinoble, both in asset value and in addition, it can serve as a testing and demonstration location for RFID and GPS applications and offer potential profitable returns.

RFID and GPS technologies will become valuable tools for the petrochemical industry and will offer protection of our country's natural resources and commodities against threat. Preservation of these materials is important to the safety of U.S. industry and economy.

The Company believes that offering such service and technology applications in the Oil and Gas industry will further position Vinoble in a rapidly expanding industry while taking advantage of access to the increasing capital and global spending that the Company will require for growth. The Company's goal is to also provide a much-needed service at a cost manageable to even the smallest of businesses that can't afford to do without the safety of its personnel and assets in this current state of constant threat.

[kraigger23]

Moderator: lowman WOW I would have thought it was BMILES. All I have see is EPEX or what ever that is posted by LOWMAN and how there is no OIl.

Proven Probable or in the barrel, what does it matter right this minute. LOWMAN do you really think that the people on this board can move this stock up and down. If so you need to quit trading. There is nothing you or BMILES can say to tell me to buy or sale. I do that on my own, and one thing I do now is technical support does not lie often and either does DD, and so what if the CEO sold stock in his own company. They all do it on occasion, maybe they need to pay the rent and funds are low, receivables have not been paid them yet, and sometimes they buy back lower and some buy back higher, but Who really cares. The only difference between me and the owner is I do not have to report I sold today, and bought back this afternoon. So What.

DD follows all of BMILES post and have followed him from RAGIN BULL to hear. He backs up everything he says with DD and I have yet to see the moderator do this. LOWMAN get real and get off BMILES before I bring many more people for you to argue with. You are for this stock to rise am I correct, otherwise why are you here.

Maybe this is the reason for such slow commentss her today. The moderator only wants to fight those that are posting DD.

Maybe IHUB needs a new moderator here because I for one am tired of LOWMAN fighting with BMILES.

Bmiles keep up the good work.

Kraigger23

[BMiles]

howard, you are correct. Tomorrow will be the last time to buy at this level and those day traders you guys are fighting with are not as dumb as they look. They know when the window of opportunity closes and they know when the technical's are in line to reverse. All of this is coming together, I would not be surprised to see the stock close at 6 cents tomorrow or maybe just a little higher but then again, my crystal ball does not always work. My target close tomorrow would be 5.5 cents.

Brad

[howies1]

Thanks as always for your insight.I would think with the name change it would be the latter,wouldnt make much sense for the company to announce that its changing its name without any substance behind it.Tommorrow will probably be the last time imo to buy where we are now or slightly under .05,if it dips again i will be adding.

[BMiles]

howard, I see the PR as a wild card, you don't know what new information it may bring with it. It could describe their new business plan, could mention other opportunities they are involved in or considering. The name change represents the new direction the company has taken into the energy sector, no telling what information they will bring with that PR. I have seen these PR's written two ways in the past, one says we are changing our name and the second has gobs of new information while explaining the name change and what it represents.

Brad

[howies1]

Miles,i assume your talking about the pr regarding the name change,not the drilling update?

[msgbrdinfo]

Yes, "most" everyone knows but not all. I was just trying to keep the information clear for newbies and I would rather have accurate info regardless if I'm long or not.
It's very misleading to not include the 5% calculation. I'm not saying it was on purpose, just trying to keep it real.

Good Luck

[BMiles]

From where I set, I can see where I stand -

I thought I would throw that comment in there to put a smile on the faces of the longs. Anyway, back to more serious stuff. Sorry I have not posted much during the past couple days but work has been very demanding of me this week. Most of my posts will come in the evenings this week.

Some of you may be wondering where I stand and if I have sold. I have not sold a share and have seen nothing compelling this week to make me consider selling any shares. If I had been home this week then would I have tried to flip shares? That would have been a strong possibility so that is why I am not harping on any of those that have flipped. Though I don't like some of the tactics some of those are using in their day trading activities over on Raging Bull, they are only human and will be on your side again very soon.

We have had two negative trading days now. Contrary to what us longs would like to see, the digestion for the most part is behind us now and is very healthy for the next leg up. It is a lot less scary for investors to dump their hard earned cash into a stock that has digested than one that has gone straight up.

I think tomorrow could see a momentary downside in the morning by those not well informed but for the most part I think the stock will either trade flat and possibly inch up a little towards the close. Technical's are great tools to use but fundamentals can override technical's. We know there will be a PR out on Thursday, my guess is in the morning.

We don't know what all will be included in the PR but we know it is coming. There will also likely be a drilling update on Friday, this update should put us spitting distance to the target dept. Get through today while setting back and watching tomorrow. The PR's are coming and those who have been trading will be establishing their new positions which will support the stock for the rest of the week and or head it north again.

As for next week, we will be to close to the target as will be revealed to us by the end of the week. The price is likely to continue to move up on anticipation and or any other news or developments.

Just set back now and watch an learn,
Brad

[INVestorTrends480]

test

[aidan000]

Most everyone knows it is 5% onwership. If 100% onwership the pps would be one heck of a lot higher than .05!!!

[ghosking]

i agree, i cant understand why this stock is trading as low as it is. with a pr being released within a day or two there should be some serious movement upward tomorrow.

look at the chart from last week. news was released on friday afternoon and then run up on wednesday and thursday was tremendous. we should easily see volume between 15M-20M in the next few days as the huge lots start coming through.

GLTA

[msgbrdinfo]

Only 5% ownership. Did you know that? Why not put that in your calculations?
Anyway, oil may be $100/Barrel so we'll have to see what that EOY price is WHEN/IF they strike oil.

Looks like penny traders have run out of breath after their feeding frenzy.
Greed is a powerful emotion isn't it? LOL

[INVestorTrends480]

VNBL

Looks interesting under .10.

.45-.60 stock later this year imho.

Shorterm looks shakey though. Look at charts for guidance, but id be buying anything under .10. 11mln barrels x 70 a barrel 700ln dollars. Not bad for a Sub 10mln Mkt Cap stock. Compared it to CWPC's stock price / share structure/ reserves. VNBL should be well over $1.25 based on CWPC price and its current ownership. At .05s a bit of steal longterm. Shorterm wait for a bottom before next leg starts for .10s+.

[penny_visor]

You are correct. The braggers are not buying. The stock will stay put at these levels before volume picks up. imo

[msgbrdinfo]

Well, you know... more selling than buying so price goes down. Doesn't mean anything about the drilling going on, just means buyers are waiting for news and penny traders are taking their pennies. Just that simple.
And, by the way, all the braggers who said they were going to buy when the price got low... well, they obviously aren't buying much and the price is where they said they'd buy.
In other words, some of the big braggers are small-time traders and bragging about trading 10K or something like. LOL A bunch of jokes. Even 100K shares is nothing.
Anyway, I'm just hanging on with no worries at present...

[ganman]

Why so low today? Lack of news updates? Am worried as I am very heavily invested in this..hmmmm..

[mlangel54]

ty msgbrdinfo was wondering


i bought in real low was getting worried.
first time investing in stock.
so started with penny stock.

[msgbrdinfo]

Just a lower volume day because most know that tomorrow is the first day this week that there might possibly be news. Most likely news will hit Thursday/Friday.
So, in the mean time, it's just the pennyflippers selling back and forth to each other. LOL
And... they ALL brag about making money but that's impossible. At least half of the "genius" penny traders are losing today because of their flipping. And... most likely those who make money today will lose the next time. Many have tried and many have failed trying to flip for pennies. It just ain't worth it, IMO.
Those holding now into the news of the next 2 weeks will have a chance to sell for profit and that's the best way to make money, IMO. Not daytrading for pennies and not holding forever for the homerun. Just IMO.

Good Luck

[mlangel54]

information


is the stock going down mean bad news