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FPPC Chart at breakout
FPPC news
FieldPoint Petroleum Corporation Announces Acquisition of 3,235 Acres in Palo Duro Basin
Wednesday March 30, 7:30 am ET
AUSTIN, Texas--(BUSINESS WIRE)--March 30, 2005--FieldPoint Petroleum Corporation (OTCBB:FPPC - News) announced today that it has acquired approximately 3,235 acres in Floyd County Texas. FieldPoint has paid an average of $25.00 per acre for oil and gas leases with an average 20% royalty.
The Palo Duro shale gas play currently encompasses three counties: Briscoe, Floyd and Motley. It has been compared to the Barnett Shale in the Fort Worth Basin (Texas). There is one drilling rig currently active in Motley County (operated by Vintage Petroleum) (NYSE:VPI - News) and none operating in either Floyd or Briscoe County.
FieldPoint's President and CEO, Ray Reaves, stated, "We are looking to the future, and this unconventional shale gas is a grassroots opportunity that could have a profound impact on this company. Central to our growth strategy, we will continue to pursue attractive leaseholds either as solo plays or through established partnerships."
I like this NMKT, trader. Right at the bottom of its price channel. And top of price channel is 25% higher. Very cool.
AMZB--weee!
TLPE looks interesting, ville.
I like BB? Check this one out--Paragon Financial (PGNF) volume has been a little more consistent, but not high enough to get over near-term resistance at .085. Been told to keep an eye on it for a better chart, which means I buy a little otherwise I forget to watch! lol. What would you consider to be a safe entry point?
Nice chart, nate. Look at this one. RNGD has kicked in with some volume recently. Gold play. Have not done much DD yet though.
Charliet the Tuna! Look at this one. Reno Gold says they are headed to the OTCBB int he news today--(well, the auditors have been retained to start the process--details, details, LOL) But the chart looks good and it seems to react on news. I usually hate pinks--but this one at least is starting to build volume.
Your chart looks better on LMMG, kam
kam--LMMG has been huge for awhile. Yopu might want to keep a watch on it. I got out and got back in higher when I saw it was pretty steady (LOL-had to buy 20% higher too.). What I am most pumped about is there is NO overhang when you look at the Price by Volume bars on the left.
Good luck
This DRVW is turning slowly after a pathetc performance earlier. Looks like DTMG did about one week ago.
PGNF chart BEFORE the Micro-Cap Conference on Thursday
DTMG looks like it is out of the gate.
Checking this out too. Waiting for .025
bill--what do you think about the LMMG chart? Steady--no big pops. Just curious
Chart on PGNF shows more volume and a rising trend
STAX has a nice much higher base, nate
Watching ICEW too
Neat erm indicators on PGNF at www.stockta.com are bullish. Not alot of volume though. Bought some at .065 and happy with the trend, though.
ICEW volume is making me watch for at breakout soon
ICEW volume is making me watch for at breakout soon
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Wasn't APPI one of your in the past, DB?
Looks like it may have good future too. LOL
Dallas! LMMG is about to gain some MOMO traders when it punches through the 200 Day. That is JMHO.
They are fun. NMKT is at the bottom of the channel again. Buy at .60--sell at .70-.74.
QSC need to breakthough .58 --which will take out the double top AND the 200 Day Moving AVerage.
Good eyes, eagleeyes. Like this PGNF chart better. If it gets over .075, it will be a breakout. Next stop .125
FCCN bottom reversal sure looks good. Look at the axis on this chart. Them's $$$
NMKT and ICEW --two stocks at bottom of trading channels that have given me 25-35% swings three times in four months. They are at that point again
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May be early. Low Volume. PGNF just staring to turn up.
Might be better to wati for a bid of .057 or so before. BUT--early bird catches the worm. LOL
The spread needs to tighten up too. On my watch list, now.
BCON is interesting....
Oops--NMKT chart
Watching NMKT for a breakthrough at .75
ITST might be close to a breakout. Looks like .50 is key
ICEW breaking into a Positive Cash Flow for the first time in months
Hey, DB! What's shaking? What do you like this week?
So far, I am doing pretty good on ICEW and LMMG. Waiting on a move to .03 before I get into MAGR on a bottom play.
NMKT chart is doing a nice stair step pattern and stepping over those Moving Averages...
Sweet, trader! I actually picked some NMKT up at .535. Thanks. Looks good from here. I am sure that news today helped. LOL
Whoops! LMMG slipped, but I bet it gets up. LOL
Back in LMMG at .047. DB. Love this one. Thanks for the low down on it t your site. Thought I was stupid yesterday when I sold 1/2 at .059--and then saw it go to .064. Nice swing. Already back to .054.
ABTG's near term resistance DOES look like it is .35. Needs some nice volume and it could go.