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Good question.
I would think there are quite a few who are just waiting for a little more “icing on the cake” before they off load.
I will say that I am surprised it’s gone green this many days in a row.
Chances of this seeing a penny anytime real soon are remote but I could see it easily dropping back to the mid / upper .01’s once the round of news is out.
JMO
Nice play for those who picked this up a couple weeks back at .008 ish.
Time.
Posters here talking .20/ etc. by mid ‘22
On the flip side there will be ALOT of shares sold once this starts moving by those who have been red here for at least a year and a half.
Many more buyers in the "penny" area vs. nickel/ dime, etc.
JMO
It will take tens of millions of dollars of revenue to be generated to see those types of numbers?
JMO
Maybe he doesn't ever see this selling at .10 or .15.
Thoughts?
Would be great to see it in December!
Should see 2 pennies today.
What are you a logger!
Notice you yell Timber a lot :)
I'm all for someone making a buck.
I personally still don't feel there's the huge upside most here preach day in and day out.
I will continue to stick with my thought that anything much over .02 is gonna be extremely difficult to achieve.
Buyers fortunate to get this a few weeks back in the .008 range and even low .01's will make money.
Those who got in this .03/.04/.05 etc range will have a long wait to see green.
As many here proclaim they don't care about time. '22/'23...
More power to them.
JMO
Congrats to all who are ringing the register here.
Why?
Look at the last 18 months when appearing to be positive news is announced.
Nothing then.
Don't see any reason why today would be different.
There's a common theme here .
JMO
Pretty much typical share price reaction to supposed good news put out by the Co.
Maybe this was meant to be the primer that would ignite the big explosion for the 12/6 O+G results.
All a part of the December to Remeber campaign.
.015..... Just the facts man!
Any idea what "The Edge" is?
Thanks
Are you currently seeing EOR taking place with means other than PCTL's technology?
I'm sticking with coal.
One of us will be right .
If the EOR that PCT Ltd is working on is so revolutionary wouldn't anyone associated with Holcomb for instance be buying this up hand over fist?
It would be a no brainer to buy into a Co. at a penny that will be generating millions in revenue with a game changing technology.
Stagnant trading around a penny just doesn't add up with all the potential we are being told is there.
JMO
A lump of coal if history is any indicator.
I hope you’re correct.
That number has been quite evasive.
I've got to say, you must have faith in this baby!!!
Looks like you're getting better deals than Black Friday shoppers did!
Thank you.
At what price does a barrel of oil need to be to make EOR cost effective?
Numbers I found from 2016 stated $65/$75 a barrel. No specifics were given on type, depth, ground formation, etc of the wells.
I realize that the technology then isn't what it is now but would think there's a relatively accurate number out there in the industry being used as a benchmark.
Something that would be a "yeah" or "nay" figure right off the bat for owners/ producers
Thanks
Pretty much no range in trading here
Not scary.
Just reality.
Oil down 20% from its highs.
Is Gary building another miss the boat scenario here by lenghty testing to the point where it won't be advantageous to use the process if oil continues to slide?
Is there even a qualified sales force in place to market the product?
Relying on distributors proved to be a bust with Covid.
JMO
I don't get what all the enthusiasm about December is.
What's different now then any other time when anticipated events were coming?
Nothing in the past year and a half has happened that's resulted in a sustained and positive share price movement.
Podcasts? No
Test results? No
Management change? No
Reduction of warrants? No
Association with Industry Specialists? No
On time filings? No
Anticipation of QB status? No
A host of positives and yet the net result is highly negative.
I know, it's different now!!!!!
Is it really?
What does that mean?
Wasn't the thought by many here that the $1.45M pre payment was for the manufacture of equipment?
It seemed to be touted as such.
Thanks
Can anyone confirm where it came from and what it's a pre payment for?
I wasn't aware of a podcast.
Fair enough.
Quiet here.
Keeping it real!!
They've got the $1.45M up front money.
May be using that to fund day to day operations.
Does anyone know that it's not being used to do such?
I didn't state I was worrying.
Just trying to " keep it real" like the proponents insist upon.
So basically nothing other than just chatter?
Noticed chatter on here anticipating a sizable move for this in December.
What's the anticipated catalyst for that?
Nothing in the last 18 months has been able to move this and sustain any type of gain for more than a couple days at best. (.0075- .018) Flash in the pan.
That wasnt my intention.
I am speaking of current situation.
If he did that's great.
But since you bring it up .
" He thought"
Not " it will"
Two sides to every coin.