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At this point the Jr's are crushed anyway.
Aspen may emerge in the top 5 after aqusitions
and production increases. The question for investors
is where's the bottom? I think we will hold here for
for a while and start to climb in early April as those
that see the value retake positions not wanting to be left behind.
BTW I had a small buy in the 80,000 traded on Wed. This
is exactly the trend I was pointing out in my email
on Tues. The volume goes from a trickle to a speratic
jump and then back to it's teens to mid 20's in volume
and today ist's back up over 60,000. The larger volume days seem to be increasing?
STL
Do you think management could sqweeze
the third merger in before April 30 Th?
STL
Thanks for the info guys..eom
Yahoo shows ASPGE.OB
Can't seem to get a quote anywhere?
STL
Don't forget Putin said
he had a lot of friends in Texas at the High School
meeting in Crawford. I did a job for an oil man in 1997
here in California that was at that time knee deep in
Russian exploration. He told me then that Russia was sitting on some of the largest untapped oil resreves in the world and they
needed our technology to develope them. Maybe recent attacks were silently subsidized by our "freinds" in Saudi Arabi to send us a message? I say bring on the Russians and let the ungratefull
Middle East eat sand! US companies made those SOB's and
we can break them. Think about it, what kind of economy
do these fools have without the Evil Empire (us)supporting
their oil? Bushes public display with Putin was intended to
send that very message IMO.
STL
Have to give Jack credit:
he's getting the job done. I have seen
many talking head CEO's of small companies
but few rival his tinacity to perform
the business plan set forth, the market
be damed.
AM or Bob, any idea what 10,000 BOEPD (stated goal)
will generate if acheived?
STL
Looks like a flakey outfit.
Maybe we could pick it up for a penny a share!...LOL
Let's hope our management affiliations aren't to close
to this group.
STL
Looks like Cubacan and Macdonald are partners..
Hers's the link.
http://www.macdonaldmines.com/Oil/index.htm
STL
Any news on Macdonalds trading halt on Monday?
STL
That's going to put Revs
well below projections unless we surpass estimated
production given current market prices averaging around
2.50.
Couldn't find anything at the site you linked me either.
We need to ease up on aquistions and drill, drill , drill.
Cash will be king in the very near future given market forcasts. I'm not apposed to debt if improving cash flow can be maintained? I am apposed to giving away boat loads of shares for small mergers. Give me a real player and my perpective may change. 2002 should be interesting.
STL
AM, wasn't Grahms revs per BOE $4.00
in that power point presentation? If we do see 4.00 it's not likely to hold very long this year. That turns .20 cents a share into? .10-.12 at years end?
Am I reading the combined debt of 16 million correctly?
TIA, STL
So Byran what are you doing
to get the company exposure? The share price is abismal!
STL
Dominick has been guiding Jack for the past two yrs. and NOW they come to the revelation that 5,000 BOE are required for institutional investors!? Seems a bit odd ah. I don't trust these guys plain and simple, I believe they sit on too many free shares, maybe they should buy some and support the price if they believe everything they say. This is simply a gut feeling I hope I'm wrong. Jack needs to get to another exchange and pronto but I don't see how their going to get the price where it needs to be unless someone steps up to the plate and dishes out a chunk.
I wrote a couple of emails to Jack before the last CC with dillution concerns I posted here. Simply put I emplored him not to continue M&A's until the share price strengthened to reduce further dillution. Jack responded immediately and stated he had no intentions of doing so. He did say that the Endeavour exchange was fairly valued. So here in lies a dilema, as the share price is contradictory to aquistions Jack publicly stated are comming?
STL
Amaunet, the only problem I see with the current game plan is the lost value to purchase and merge as Jack has done so dilligently. Many including myself were willing to sacrafice shares via the RS to acheive this goal. The problem of dillution lumes large to continue this game plan at the pace we are moving, might it be prudent to allow the Edeavour deal to settle and boost Revs and share price before another deal is drawn? Simply put, I do not want to see millions of share handed out for potential reserves at sub .50 share price, not good for Aspen and not good for shareholders. The RS was suppose to support the share price at reasonable levels thus allowing Jack to do his magic. The buyback was intiated to support share value and we see where we are. Don't get me wrong, if the price tanks I will most likely load up but I hope that won't necessary.
STL
Amaunet, the only problem I see with the current game plan is the lost value to purchase and merge as Jack has done so dilligently. Many including myself were willing to sacrafice shares via the RS to acheive this goal. The problem of dillution lumes large to continue this game plan at the pace we are moving, might it be prudent to allow the Edeavour deal to settle and boost Revs and share price before another deal is drawn? Simply put, I do not want to see millions of share handed out for potential reserves at sub .50 share price, not good for Aspen and not good for shareholders. The RS was suppose to support the share price at reasonable levels thus allowing Jack to do his magic. The buyback was intiated to support share value and we see where we are. Don't get me wrong, if the price tanks I will most likely load up but I hope that won't necessary.
STL
Sure it's plausible, it's just odd because my reseaech 2 yrs.ago on Aspen Exploration didn't turn up connections to Aspen Group Resources? I wasn't aware of an operating presence in CA. Have you mentioned this to Kevin? Interesting, well off to Lake Mead for some sun and fun. Do you ever take a day off?...LOL
Take it easy, STL
I talked with a customer of mine here in Signal Hill CA. who owns drilling exploration Co. about JW and Aspen 2 yrs. ago. He said he had heard JW and that he was well respected, he thought they were out of Bakersfield, he didn't know for sure so I left it at that. The Bakersfield connection came up on his end but I could never tie this company to ours.
Is this the same Aspen Resources Amaunet?
STL
LOL....insider info! Not me, I have a phone and I use it.
I am still concerned about Dominick & Dominick however. I expressed this concern to JW and he did confirm that they were sitting on many shares. It wouldn't take much at this price and volume to influence a trend one way or another.
Keep an eye on D&D, STL
Could be oil not gas Amaunet, he didn't specify.
STL
Four! Get off the green Jack just crushed one....LOL
Amaunet, ever here of a company named REEF G&O out of Texas?
They have been trying to get me to participate in a Lousiana well. I would rather give JW my money because he obviously knows the drilling game.
STL
JW says higher percentage wells comming soon, this will attract a lot of attention. Let's hope they add some serious pop to gross revs and share price.
STL
Thanks for the link. I didn't have time to call Kevin today had catch up at my day job!
I don't see any holdings listed for Aspen? Was D&D paid for their report or are they sitting options?
Thanks again, STL