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green tomorrow
they better keep SS the same...at least for next 6 months
No news yet? TTY on Monday!! Don't do one green and three red..
$WGAS needs an update real bad!!
Price reflects the information of investors or traders IMO and it seems that same old information is being relayed again and again and yet again on IHUB. And that is why price keeps trending downward. It is getting old. Potential is great and it seems undervalued but is it really undervalued? Just because it is cheap it doesn't mean it is undervalued IMO.
Nice green day but what next? Profit-taking and some more down days?
TTY after bell tomorrow.
Anyone thinks that this is heading for a gap fill between 0.007 and 0.009? ..If I fast forward myself two months from now I don't think it will be at this PPS, much higher IMO.
This VM-179 or square#1 has been toxic for me. Peace out!! TTY on Monday after bell!
May be they are all in the same team making it look like they are in different teams who knows. In Real Estate world, one can buy or sell a house with different company name each time even though one person is doing these transactions. Now, we are hearing Montecito is getting restricted shares and Volk is interested in Virgin (with a few wells with questionable revenue) but who knows really. All of that is reflected in PPS I think. If this was such a great stock, we would have seen continuation after certain drop. Well it is not in double zeros yet but again who knows, eh? Direction is reflected in PPS well enough I think. Not saying it will go back to double zeros but it sure looks like it at the momentum at which it has fallen so far. Yes, the more it falls the better for sideliners who have been waiting to catch it but how many sideliners would get into this play anyway when company itself is not showing signs of transparency, (locked pages on website, hiding minute details of transactions, ..).. And what if, just what if, company thinks that IHUB is a way of being transparent and not PRs...you will see someone here from the company giving inside info without revealing whether that someone works for WGAS?? hmm..
You know I think Volk should just ask EXXI to hire him as a consultant.....quick money...and then put that money into drilling oil ...instead of waiting for this loan to fund..... that way idea of merger would be more feasible looking...?? thinking about possibilities...Virgin is weaker than EXXI anyways IMO....ah wait...but what if this case goes to trial Volk loses VM 179? hmmm...well convince EXXI to buy it from Montecito (is it?)...while being a consultant... :)
If not, at least send a PR...LOL
Absolutely, any guesses about OS increase next week?
All I am concerned with is OIL...I don't care about settlement...show me the money! :)
I do sense arrival of a quiet period for sure, can't wait!
WGAS = Law 101, Real Estate 101, and Charts 101...some great lessons here!
It seems to have closed on 23.6% of high on Feb 8th. Normally, reversals happen 38.2% (?) one level above. To me it is very iffy at this point, not sure which way it will go come Monday. GLTA...
Even American bulls have posted a "BUY-IF"...interesting review there...
http://americanbulls.com/StockPage.asp?CompanyTicker=WGAS&MarketTicker=OTC&TYP=S
Very excited to watch this for months to come...GLTA...hang in there!
"no guts no glory"
need higher low tomorrow...night all..
Go WGAS !!!
provide the IP address of the header in your email...please
cover at the ask instead IMO :)
Didn't IR say WGAS news is coming out next week?
I haven't got to the plans details yet but it is easy to see in Google Map where exactly MERLIN well is located from the longitude and latitude described here:
http://data.boem.gov/homepg/data_center/plans/plans/planentry.asp?Num=9681&Code=N&Lease=G32145
and I don't know if it is MERLIN for sure but I confirmed the plan# link with what you posted...
I got there by searching here:
http://data.boem.gov/homepg/data_center/plans/plans/master.asp
(In Surface Area & Block #: I choose "Vermillion" and I entered 179 and then searched ...)
I wonder if you could tell us how you know the completion dates? Is it in the plans?
Respectfully I would like to ask you, why WGAS keeps mentioning entire block of VM-179 and its potential in PRs if they don't own all of it? And how much is all of it so shareholders can tell what would be the percentage that WGAS can potentially sit on? Thanks for your help.
For instance, it was reminded in last PR that
"The 2012 Reserve and Economic Evaluation on Vermilion Block 179, issued by James F Hubbard Petroleum Consultant (JFH) of New Orleans, LA, shows Gross Proved Reserves of 784.3 Thousand Barrels (Mbbl) of Oil and 2,215.4 Million Standard Cubic Feet (MMSCF) of Gas, and Net Proved Reserves of 407.6 Mbbl Oil and 1,151.5 MMSCF Gas with a Projected Future Net Revenue of $36.7 million and a Discounted Future Net Income of $20.3 million (PV-10). The report also shows Combined Gross Total Reserves for VM 179, both Proved and Probable, of 2,129.7 Mbbl Oil and 4,237.9 MMSCF Gas, and Net Total for all reserves of 1,106.9 Mbbl Oil and 2,202.7 MMSCF Gas with a Projected Future Net Revenue of $97.7 million and a Discounted Future Net Income of $55.1 million (PV-10). The Gross Reserves referenced above are to 100% working interest in the lease. The Net Reserves and all income data are to the net interests owned by Worthington. Appropriate deductions have been made for royalties and overriding royalties."
Hope I am making sense...
And isn't VM-179 105 ft. (10-story building if you will) deep only? ....
IMO, they need to be more specific going forward...if this is all legit...
Page 7
EXXI 2013 progress:
- 1 New Exploration Well Underway
- 4 Development Wells in Progress
Could WGAS be involved??
Page 18
"Pursue Acquisitions that Enhance
Existing Portfolio"
If WGAS starts drilling, tie-up with EXXI will be more likely??
Thanks, clearly VM-179 is profitable area for drillers but the question is how big it is? How do we know WGAS owns only 1%?
this link is misleading in a way::
http://wenergyinc.com/investor-relations/asset-overview/
"The Company currently owns VM -179, offshore shallow Gulf of Mexico."
WGAS owns entire block of VM-179?
EXXI is drilling two wells on VM-179. EXXI is expecting 25% overall oil-production growth in 2013... how do you think that will help WGAS..?
EDIT: I was looking at old address, my bad
speaking of the website..it is currently down for maintenance..let's see what changes are coming...
Are Pendragon and Merlin wells owned by WGAS or EXXI? Page 40
Thanks!
green tomorrow...have a good one all!
bears or buyers?
chart is reset as I write this IMO we will see... glued to the screen in excitement..long here so it doesn't really matter whether it is red or green today...looking very good regardless...volume has spiked out of the blue..something is up IMO
Someone WANTS IN... GREEN volume is made to look like RED volume..? IMO
chart is almost reset yet again...hold off on your 18 cents buys guys/gals... looking very interesting here...technically speaking...EOD could be much more interesting..IMO
LOL, believe me he won't be sorry IMO
Average Volume 100 Days - 2,212,169
Average Volume 22 Days - 8,204,266
And we are at - 11,079,026 and rising
That one trade reset all signals...buy signal converted into a sell signal in a second...LOL oh well...
downward channel needs to be broken for a breakout..24s I would say...break that..IMO
let the chase begin!!
shorts exiting at 0.022, this is going to go..IMO
I wonder if it would be a good idea to directly email Volk, no?