Fighting with the Patriots to keep America Alive
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Invited a group of people over to this site. I'm hoping a few of you showed up/show up. Let us know if you've made it. If so, check out the "header" on this thread to find out what this site is all about. Lets find some winners! I'll be reviewing some charts. . .asap.
Peace,
M&M's Mark
Keep the Faith!
M&M Man
shaolin. LOL! Watch for those bottoms on the reverse splits. IFTA was a good hit 80 cents ago. This board has PASSION! I like that.
Hey Arch. . .how many readers to you have on this thread? I'm thinking about inviting about 30 more investors over here. This thread is EXACTLY what I've been looking for !!
Okay. . .Not much time to chat. The bid/ask are narrowing on CHAG. News coming soon.
Peace,
M&M Man
PS: I sure wish I would have sunk all my cash in this one at 20 to 23 cents. LOL. Don't we all wish we could "hit em all" right on the nose LOL!
Keep the Faith!
M&M Man
EZ ~~ Believe me, I'm keeping my fingers crossed. I guess I'm just looking for some type of response from this market (good news, bad news. . .no news. As all the OTCs are doing is going down). Anyway, they will be going up. I can assure you of that. Did you see what happened with IFTA (formerly IFTP) today?
Peace,
M&M Man
Keep the Faith!
M&M Man
EZ. . .I'm keeping my fingers crossed. These "first agreement" statements make me wonder, at times. I remember when HRCT said they were the "First Online Trading Company (and only)" in China. Hmmm? Anyway. . .here's to hoping for a better future!
Peace,
M&M Man
Keep the Faith!
M&M Man
Update: CHAG
For those watching CHAG: I have heard from a reliable source that the equipment for the drilling of the first infill well has been moved to the KS property. The drilling should commence this week. We should hear news, as well. The entry-point looks very sharp at 23 cents. My own cost average is about 36 cents. Lucky me LOL! Anyway. . .if George W. Bush actually does push the price of crude oil up to 30 bucks a barrel (which I just can't fathom. . .but that's what has been published) this infill well of CHAG's could hit the investment world. . .nicely. Not that I think this infill well is the "make or break" point for CHAG (See Glass Mountain information) but it will play the psychological component of the market, quite well. Lets hope we see fireworks in July (GREEN ONES!)!
Peace,
M&M Man
Keep the Faith!
M&M Man
Arch. . .
Thanks much for posting that article! I believe I'm going to change my investment philosophy on OTC BB stocks. The OTC BB must have been created for daytraders LOL. However, I don't agree with all the negative aspects coming from a good many . . .as it relates to the OTC BB. I have made good money off of OTC BB stocks. I'm not a rookie, however. Sometimes holding and accumulating for two or three months. . .then selling on a major upward spike, is better than intraday trades and very short term trades. Lets go through a living example ~~ I'll take CHAG. I've been accumulating all the way up to 50 cents and back down to 23. Now, I've got a healthy position. They have RIG coming aboard to do PR/IR for the company. The investing public will soon be informed of what CHAG has to provide. So what's going to happen? Chances are good the stock is going to go up. I still see a buck on this company's share. . .as very much, reality. And possibly, in very short duration. But I'm seeing the BIG picture. I'll just use this one as an example. In the future (after I take some profits from CHAG) I'll move on to example number two. WE might as well have fun! It doesn't appear that there's much fun going on elsewhere. LOL.
Keeping the faith. . .
M&M's Mark
Keep the Faith!
M&M Man
http://www.purepennies.com/commentary.shtml
Keep the Faith!
M&M Man
MisterEC. . .
Thanks! Just remember, however, that Enova shares were spun-off. However, they don't have any value on them. Try to find out what happened with the "value" on Enova shares. Particularly since HRCT sold Pego Systems for a relatively good price. I guess I'd just like everything else to stop (inside of HRCTWorld) until delivery on present things, takes place. And PAST events, as well. How in the world can a company move into the future without completing deals from the past? Maybe that's another question to pose.
MisterEC ~~ You may also want to ask what in the world HRCT is doing to attract investors from China. The USA is just not buying their stock. If they have all these reportedly "fine" organizations in China. . .where is the China money? There's plenty Asian culture in the USA. Why is HRCT not targeting those groups? Very simple marketing.
Okay. . .that's enough for me for one day. Have a great weekend, everyone!
Peace,
M&M Man
Keep the Faith!
M&M Man
Mrhrct. . .the only thing holding one's breath at this point, can accomplish, is passing out LOL! Anyway, I think the only thing that would prevent SA from reporting would be their merging with another company. Does anyone actually know why the "quiet period" took place during the supposed "IPO" of SA that never happened? Deep down in my heart, I know HRCT is a real company. My faith in the company was quite a bit stronger when the market was inflated. Whose wasn't? At any rate, some of these delays have instigated immediate and concernable caution. Particularly waiting for the Enova piece of the puzzle to pan out.
I would think that just selling off Pego Systems would have given Enova shareholders some type of dividend. NOT seeing any dividend on that one. . .makes me wonder how HRCT can deliver on the SA/SB and ET deals with any degree of accuracy. I am not going to the shareholder's meeting in LA because I have enough projects on the line. . .that are keeping me plenty busy. But can someone who IS going please pose the question pertaining to the precedent example of "Enova" as a HRCT spin-off. After two years, there is still no value on Enova shares. How long will it take before SA/SB or ET ~~ ETNS shares would have any value?
Okay. . .enough pondering for the moment. Have a great day, everyone!
Peace,
M&M Man
Keep the Faith!
M&M Man
Joe. . .
The projections you presented may be somewhat accurate provided HRCT can actually declare revenues on their 10Q. I have been hearing they will be able to declare such revenues for nearly a year. In fact, I was told that last October, HRCT would stage a profit! LOL. So. . .We'll have to see what Manu Ohri (sp?) came up with. Lets put it this way, I'm not holding my breath. Then again, I'm not giving up the thought that HRCT just may pull through. I believe it's going to be a very small needle hole that needs a "master threader" to weave the revenues through. There has to be some reason why AOL shut their doors in Hong Kong.
Keeping the faith,
M&M Man
Keep the Faith!
M&M Man
OT ~~ Can anyone relate?
"If addiction is judged by how long a dumb animal will sit pressing a lever to get a 'fix' of something, to its own detriment, then I would conclude that Netnews is far more addictive than cocaine."
Rob Stampfli
I wonder if one more acquisition on HRCT's behalf, will fit the "addiction" premise from above LOL.
Peace,
M&M Man
Keep the Faith!
M&M Man
For what it's worth ~~
http://host.wallstreetcity.com/wsc2/chart.html?0fval0=104&1fval0=216&3fval0=204&4fval0=2...
Peace,
M&M Man
Keep the Faith!
M&M Man
Turnaround, coming. . .provided HRCT can report revenues for their subsidiaries on the next quarterly. If not. . .some of the "longs" that are hanging by their teeth. . .may decide to buy into bubble-gum, instead. Stay tuned.
Peace,
M&M Man
Keep the Faith!
M&M Man
http://www.fool.com/m.asp?i=436967
Keep the Faith!
M&M Man
OPEC to Keep Oil at Current Level
By BRUCE STANLEY
.c The Associated Press
VIENNA, Austria (AP) - OPEC members agreed Tuesday to continue pumping oil at current levels but braced for softer crude prices as Iraq showed a willingness to resume its oil shipments.
Delegates from the Organization of Petroleum Exporting Countries announced their decision after a formal meeting at the cartel's headquarters in Vienna.
OPEC pumps about two-fifths of the world's oil, with an official production of 24.2 million barrels a day.
The meeting unfolded as the U.N. Security Council was debating whether to extend trade sanctions against Iraq, which suspended its crude shipments last month in a dispute with the United Nations.
Britain on Monday indefinitely postponed a vote on a U.S.-British proposal to tighten sanctions on Iraq and introduced a new resolution to extend the U.N. oil-for-food program for Iraq for five months. The United Nations has regulated Iraqi trade since the 1990 Gulf War.
The head of Iraq's OPEC delegation, Saddam Hassan, said Iraq was prepared to renew its daily exports of 2.1 million barrels of oil ``within a week'' but only if the Security Council did not attach any conditions to an extension of sanctions.
``As long as it is a straightforward extension ... we are ready,'' Hassan said.
OPEC president Chakib Khelil said a resumption in Iraqi exports would have a short-term ``psychological'' impact on oil markets. He added that OPEC expected prices to stabilize later in July and in August whether or not Iraq resumes sales.
``There was a complete consensus on not increasing production at this stage,'' he told a news conference after the meeting.
Libya's acting oil minister, Abdul Karim, expressed hope earlier that rising seasonal demand during the second half of the year would absorb any additional supplies from Iraq. Refiners typically buy more crude in the fall and winter to process into heating oil for consumers in colder climates.
Saudi Arabian Oil Minister Ali Naimi played down Iraq's potential impact on prices.
``It's just another source of supply and we have said we will handle either shortage or glut in the market,'' Naimi said. Saudi Arabia is OPEC's biggest producer.
OPEC delegates plan to meet again on Sept. 26 to review market conditions. A possible decrease in demand due to the slowing U.S. economy and a downturn in growth in Europe was a major concern, they said.
Although the cartel's decision came as no surprise, the unexpected twist in U.N. diplomacy toward Iraq caused oil prices to plunge Monday and led some OPEC members to question whether they shouldn't consider actually cutting production now to forestall further erosion in prices.
Iraq, which vigorously objected to the U.S.-British proposal for so-called ``smart sanctions,'' halted the bulk of its crude shipments in protest in early June.
Naimi noted that global demand was sluggish and added that oil producing nations have made large investments in production capacity that would lead to higher output levels in the future.
OPEC already has a plan to curtail its total production by 500,000 barrels a day if the average price of OPEC's benchmark crudes slips below $22 a barrel for 10 consecutive trading days. Conversely, OPEC has said it will boost output by half a million barrels a day if its benchmark or ``basket'' price exceeded $28 for 20 consecutive business days.
OPEC has targeted a basket price of $25 a barrel. On Monday, the basket price averaged $24.50.
Oil prices tumbled Monday on news of Iraq's expected return to the market.
August contracts of light, sweet crude were trading 28 cents higher Tuesday at $26.23 a barrel on the New York Mercantile Exchange. North Sea Brent crude for August delivery was 34 cents lower at $25.30 a barrel on the International Petroleum Exchange in London.
Keep the Faith!
M&M Man
Hi Arch. . .
I've been watching the technical aspects of the OTC BB stocks. They've been a little challenging, lately. I think that once we hit September, we'll see some movement in the OTC BB. Particularly. . .the very few OTCs that are worth accumulating. I do like IFTA, HRCT, KKRS and CHAG. I own a good sized chunk of HRCT and CHAG. So. . .lets hope the OTC BB does come around LOL.
Anyway. . .everyone have a great 4th of July. Also, watch DVNT. The stock has a tendency to move quickly, when the buyers start biting.
Peace,
M&M Man
Hey. . .everyone. . .
This is a great year to be celebrating the 4th of July! We have our first infill well coming and a new IR/PR firm that appears to have some clout. Lets hope that this lethargic OTC BB can pick up some steam with appropriate supporters. Good results from the first infill well should give us a good jolt.
Happy 4th of July!~~****
Arch. . .
And also keep an eye on IFTA. I haven't had much time to do a thorough read. . .but it appears the shock from the 200:1 reverse stock split has passed.
HRCT: Anyone's guess. Many of these small companies need to figure out that the day of "news" pushing their stock forward, has reached an end (if only temporary?). Earnings. . .and progressive leadership, are two cardinal items most will figure out. Then again. . .only 1 in a hundred OTC BB stocks ever graduate to another exchange.
CHAG: The Chairman of the company is going to Austrailia, this week. There will be several meetings take place. I would expect volume to begin picking up, soon. The stock has a recent history of making radical moves after it drops below 20 cents. Hmmm?
Any longs out there LOL?!
Peace,
M&M Man
Hey CHAG investors. . .
I'm still probing into the "Rubin" group. Anyway, it's interesting, to say the least. CHAG is going through a "quiet period" so the only information I can attain is from other shareholders. It would be appreciated if anyone living in the LA area could go check out the Rubin Investment Group's office. Some input would be nice.
Other: This site was posted on the Raging Bull's message board. I think it's a GREAT educational piece. See if your feelings run the same ~~
http://www.sec.gov/investor/pubs/analysts.htm
Peace
M&M Man
Sara. . .
Agreed. My expression was primarily that is was not Georgia's fault, to have feelings/sentiment. But to understand, when you walk into a room of fire. . .your own coals had better be able to handle the flames. HRCT could have done a better job researching someone that was experience at handling message boards. Live and learn, I suppose. Lord knows HRCT's done plenty of learning in the past little while LOL!
Peace,
M&M Man
PS: I always spell "rediculous" in the manner I do, for a specific reason.
Peace,
M&M Man
Sara ~~ Filing suit suit against an "alias" is just about as rediculous as purchasing stock in an unknown company. The reason the Raging Bull's BS site is popular, is because it is a home for discusting morons. Alan should have known he needed a seasoned veteran to work those boards. Anyone that takes something that is said by an alphanumeric character as "personal," should not be on those threads. They are too sentimental and should spend their time, elsewhere. I think Tinberrygood's suggestion is the best one yet. We all need to work to make the IHUB site the place where concerned investors go for adequate dialogue.
Peace,
M&M Man
Tinberrygood!!! That is EXACTLY what I was thinking. The Raging Bull's site is a crock of crap. And investors that want answers can come over to IHub to get their answers. And then, the answers can be posted on the Raging Bull's BS site. Why don't we throw that Georgia's way?
Anyway, I'm quite surprised that Georgia got upset from commentary on a message board. Over time, she would have been a good representative. DDInvestor is where Alan should have gone. They are seasoned and they do not put up with bashing. On another note. . .
Did anyone dig anything up on Rubin Investment Group? I'm just wondering why HRCT's logo is on their site. . .and what they are doing for HRCT. Why am I interested in this? Because CHAG selected them for their IR/PR firm. If anyone has any insight on that organization, please contact me.
Peace,
M&M Man ~~ Mark
Arch. . .
Looks like CORL is trading well. It should be a sign that the markets are beginning to see the "tides of change" coming. I'm still thinking the third quarter (towards the end of September) is when we will see some good market gains/stock gains. I do not, however, believe we'll ever see another bull run like we saw during 98 through 2000. The Feds will do everything possible to prevent that from happening. We will see the bull again, however.
Will keep you posted on my DD as time permits.
Peace, everyone. . .
M&M Man
EZ. . .my heat streak is coming back: MCLD, MCHM, CORL, AREM, ISRG (AREM is still lurking).
The first 500K of CHAG's recent financing, will be in the bank, tomorrow. The first infill well will be initiated on July 5th. It should be completed two weeks after that date. The infill well will determine the crude oil and natural gas reserves on the KS property. They will also be digging 4 squirrel wells (the term "squirrel" refers to the depth of the well [geological term]). All of those should be completed next month. We'll have to see what this "Rubin Group" can do for IR/PR help. I'll keep you all posted on this one, as time permits.
Still watching some hot ones. ! We've got some great picks on this thread!
Peace,
M&M Man
Hi Hart. . .
You're welcome, on that one. Sometimes warning investors what market makers are doing will prevent them from taking losses (or help them secure gains!). At any rate. . .I'm watching SPST. . .waiting for the right time. Right now, accumulating CHAG (and running low on accumulation funds LOL). Anyway. . .if you guys want some daily watch picks, you may want to keep a close eye on ACOM, CORL, ISRG and AREM.
I'm still seeing CHAG as being a big mover sometime during the summer months. Probably around the time the first infill well is drilled. I have heard some "rumor mill" information, but won't post anything until it is verified.
Keeping the faith. . .
Peace,
M&M Man
Arch et al. . .
Okay. . .time to get some action going. . .I'll try to stop by a bit later to follow up. Make sure those of you that are daytrading are watching ACOM, CORL, AREM and ISRG, today. Those of you with the right skills will probably come out on top.
OTHER: Watch CHAG, as of now. This was definitely the week to be watching CHAG ~~ LOL. Too bad I was buying in at higher prices. . . .but we all know how that goes. Hopefully my 6 digit accumulation pattern will yield me some fruitful rewards. I think it may hit from 17 to 21 cents (although the ask has moved up since yesterday's close). If it hits that value range. . .you may want to consider spending some pocket change on that one.
My favorite picks of the day are ACOM and CORL. ISRG will probably trend higher.
Favorite picks for the year: HRCT and CHAG. Rumor has it that there has been a rather large share transaction take place on CHAG by the individuals taking over their PR/IR campaign. I'll keep you posted if I find anything else out.
Peace,
M&M Man
EZ. . .
What's your take on that? Does anyone know who this 1800ventures group is? I have now seen HRCT advertised on two different platforms that I've never seen HRCT on. The other one is going to be used by another stock I am following. That's how I found HRCT (after David bringing it to my attention) on their homepage. It seems like HRCT is getting around. Ez. . .don't forget my price projection. If I'm right, you owe me a Diet Coke! If I'm wrong, well. . .what else is news LOL!?
Period. . .
Peace,
M&M Man
MisterEC. . .I was 836;).
Peace,
M&M Man
OT: Does anyone know how/when this company ever became involved with HRCT? ~~ http://www.rubininvestmentgroup.com/
Any background information would be appreciated. I do not recall ever hearing anything about HRCT ever getting financing through them.
Peace,
M&M Man
New IR/PR firm = http://www.rubininvestmentgroup.com/
EZ ~~ Perhaps TBG has been the one buying HRCT, today? LOL! Go Tinberry!
Peace,
M&M Man
Hi EZ! I'll be watching. Rumor has it a short-term 2.00 pricetag on HRCT may transpire. Apparently there are some big "deals" in the making. Yeah, okay. . .anyway.. .
Will watch TNTU. And of course, CHAG. I'm also watching MCLD for a potential breakout to the upside.
Peace,
M&M Man
Energy Company Chancellor Group Inc. Announces Additional Crude Shipments and Expansion of Kansas Oil and Gas Facilities
LOS ANGELES, June 26, 2001--Oil and natural gas company Chancellor Group Inc.
(OTCBB: CHAG ) today advised that it had shipped an additional approximate net 220 barrels of crude oil from it’s Shinkle Field property in Kansas.
The Company stated that the lower than expected crude quantities to date were primarily a result of old equipment and other issues related to the existing wells, and these were gradually being corrected. The Company’s focus remains on it’s infill well drilling program rather than production from existing wells.
Chancellor said that the drilling rigs remained on schedule to commence, next week, the drilling of the first five new wells, as previously announced. The first part of new road works will commence this week, and the Company is undertaking the immediate expansion of its storage tank battery to handle the expected increases in production.
Chancellor Group web site: http://www.chancellorgroupinc.com
Chancellor Group Yahoo Club: http://www.clubs/yahoo.com/chancellorgroup
Corporate profile also at http://www.oilandgasprofiles.com
http://www.wallstreetdailypress.com
Certain information included in this communication contains statements that are forward
looking, such as statements relating to the future anticipated direction of the industry, plans
for future expansion, various business development activities, planned capital expenditures,
future funding sources, anticipated sales growth and potential contracts. These forward
looking statements are subject to a number of known and unknown risks and uncertainties
that could cause actual operations or results to differ materially from those anticipated.
Contact:
Chancellor Group, Inc.
Ashraf Khan, Chairman / CEO
ceo@chancellorgroupinc.com
OR
Nelson Fitch
(310) 559 3618
Peace,
M&M Man
Eloise. . .
I have "evanbrent" on ignore, over at RB. He'll need to pull up some documentation to verify his statements. Nonetheless, it's all very interesting to watch/monitor.
On CHAG: Agree. . .things should be heating up rather quick. I'm looking for the middle of July to be quite interesting. I'd say during the third week in July, things are going to get REAL hot. That first infill well is going to set some rather interesting standards, for CHAG's forward movement. Getting that Glass Mountain project underway, will be devine. I'm thinking somewhere around November (right before winter hits the cold states of the US) the natural gas reserves will be nice to have piped out. Then again. . .who knows? One thing is for certain. . .the company is moving forward.
Lets hope progress stays at the present pace!
Peace,
M&M Man
PS: Treasureseeker. ..watch MCLD.
It looks like our politicians are pursuing more devastating ways of stimulating the economy: http://www.msnbc.com/modules/exports/ct_email.asp?/news/591020.asp
For those wondering about the statement. . .the economy often does well in times of war. eom.
Peace,
M&M Man
Hi Arch. . .
Just keeping you guys updated on CHAG ~~ and what's going on. There are pictures posted on the CHAG Club site of the stripper wells that have been brought back up. They are very impressive. The most recent update from the CHAG Club site is as follows (interested parties can gather the links to all the CHAG DD sites by going to the CHAG Ihub board):
"We remain on schedule to close the MDG / Cornell funding next Thursday or Friday, subject to having the 11 separtate and in several instances complex financing and closing documents all in final form by Monday - which should be OK as things now stand. Drilling should certainly be underway on July 5, with the commencement of the first granite wash infill well down to 2800 feet. While that is being drilled we expect to drill and complete 4 wells down to the squirrel formation at 1300 feet. The drilling and completion timeframe should not exceed 14 days for all these wells combined.
We also start work early next week on a registration statement for both MDG/Cornell and Barkley. This will entail us entering into a "quiet" period and our concern is that we may be in a situation where as the drilling results come in we won't be able to publicly announce them. Of course, if a shareholder should just happen to be passing the property.....
The roadworks will start next week, with initial reinforcement work which will take several days. We are also expanding the storgae tank battery to accomodate increased production.
Oil shipments from these first 5 new wells should neccessitate twice or 3 times daily crude oil shipments from the third week in July. This excludes continuing production from existing wells and the assumption is based on estimates from both Bill Stinson and Zeke Pearson that each Squirrel well will produce at least 50 barrels per day, and that they expect at least 150 from the granite wash well, with possibly a good deal more if oil is actually derived from the granite wash itself.
We will be shipping out a load of crude oil tomorrow, and will announce the details when the volume is confirmed."
On HRCT ~~ I'm keeping my hopes on the level. . .that bigger things are coming. The charts look excellent. But lack of volume is a concern (as with CHAG). The OTC BB . . .gotta love it.
IFTP ~~ short-term disappointment. However, I'd watch for a bottom (which may have happened, today) and feed off of the sentiment of the investors that dumped the stock on the reverse split news. Revenues continue to move forward. At some point in time, the stock should. . .as well. Will keep you all posted as time permits.
Ending: Watch ~~ DVNT.
Peace,
M&M Man
**Update from CHAG on the CHAG Club site:
"We remain on schedule to close the MDG / Cornell funding next Thursday or Friday, subject to having the 11 separtate and in several instances complex financing and closing documents all in final form by Monday - which should be OK as things now stand. Drilling should certainly be underway on July 5, with the commencement of the first granite wash infill well down to 2800 feet. While that is being drilled we expect to drill and complete 4 wells down to the squirrel formation at 1300 feet. The drilling and completion timeframe should not exceed 14 days for all these wells combined.
We also start work early next week on a registration statement for both MDG/Cornell and Barkley. This will entail us entering into a "quiet" period and our concern is that we may be in a situation where as the drilling results come in we won't be able to publicly announce them. Of course, if a shareholder should just happen to be passing the property.....
The roadworks will start next week, with initial reinforcement work which will take several days. We are also expanding the storgae tank battery to accomodate increased production.
Oil shipments from these first 5 new wells should neccessitate twice or 3 times daily crude oil shipments from the third week in July. This excludes continuing production from existing wells and the assumption is based on estimates from both Bill Stinson and Zeke Pearson that each Squirrel well will produce at least 50 barrels per day, and that they expect at least 150 from the granite wash well, with possibly a good deal more if oil is actually derived from the granite wash itself.
We will be shipping out a load of crude oil tomorrow, and will announce the details when the volume is confirmed."
Peace,
M&M Man
Tinberrygood. . .
Those "Yahoos!" we have running the FOMC are trying to do everything possible to bring back the "wealth effect" they so diligently destroyed. So perhaps China stock issues will be a bigger play than many people think. China and the WTO agreements could put a little spin on our shares. I have a feeling there will be "speedy agreements" take place with the WTO and China.
Peace,
M&M Man
~~I'm still watching the months of September and October. By the way. . .if China is going to be inducted into the WTO, the news will probably come in Sept or Oct. By the third week in September, things on the OTC BB should begin to change.