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I hope so ...
It's confirmation if coming dilution too...
Also, seeing some insider buying will help too.
A stock repurchase isn't out of scope either... Tony could do this and really show he has our back! If he did have money though I'd rather see him develop some assets. Think of how many shares $500K of the company's money could buy at these levels...500K/.015= 33million... How's that for reducing the O/S!
Remember we only get 10.35% of what the I1 well produces... If it hits 400 we'll only get about 40BOPD... We need phase1 development of Dbar and the other land lease acquisistion to get close to 500.... From there VM gets us another 1200BOPD "potentially". Phase 2 of the 2 land leases could get us another 500-1000BOPD. With the current plan we could see 1700BOPD this year... Let's not get ahead of ourselves though... We need to see production numbers from the I1 well, loans & acquisitions close, toxic debt paid off.
Okay, but after my order fills...
I can see a few more trades in the16-18 range tomorrow. I've got my order in for more.
Crazy! Can it happen here? We'll see...
Hopefully Ray will pay for a promotion like that when the time is right? 1500% I'll take it!
I want to know why you're posting bogus Ray statements?
I've had several email exchanges with Ray over the past few months and if you know Ray he is very careful about he will tell you and what he won't. Ray wouldn't touch a statement like this: "With this experience Ray says he is confident to put baltimore mine into production"... Will you come straight and admit you made this up?
AND $27,500 was issued to SAGD by Asher (freakin loansharks)in October 2012...(Share will be available to them in March '13 for conversion) What's your point? I'm glad they are getting money to fund Baltimore exploration but where is the status on their phase 1 work?. I'd love to see it producing something before the loans convert into shares and more dilution but that ain't gonna happen. The best they/we can hope for is to prove its value and get more loans to fund any production at all or sell the asset all together and make a profit to pay everyone off. I'll be the first to admit I'm skeptical of them and I'll be the first one out the door when and if this hits 2-3cents... I don't want to see people making things up that Ray suppossedly said... That's not helpful to anyone.
Sorry buddy, nice try, as I said , your quote is not in there. Here's what I found though:
Pg 15 : "We believe that with modern exploration techniques and technology the Baltimore could produce again"
Pg 18 Q1 2113 "Phase 1 Exploration at Baltimore Silver Mine"
Q3-4 "Phase II Exploration and Development at Baltimore Silver Mine"
I have, what page you see it on , maybe I missed it.
Are these your words or his? Where/when did he say this? Do you have a link? "With this experience Ray says he is confident to put baltimore mine into production"
Okay, so when will he update us all about the status of Baltimore phase 1 surveying and sampling that is suppossed to have been funded and started back in September '12...
150bopd of oil with 700mcf of gas at a 6/64 choke... This is plenty of commercial production for oil. All upside from here with production projections 300-400 bopd + gas. Nice try though.
...but it's not broken any more... repairs have been completed 1/5/13, production has resumed 1/7/13.
Can one of the Mods put the new PR up in the WGAS news section?
'Bout damn time...
Share are going to get converted in March from the last round of financing... I'll bet that's one reason.
If it just hit.005 why would somone sell for .0032? MM manipulation... That's messed up.
What is going on here? The ups and downs make no sense at all. I was hoping news was pending and insiders are buying but sadly, it doesn't look that way.
Yes it is old. I will continue to remind people of it though.
Mason blogged VM to be drilled in Q1 2013.
Anyone talk with Sam Butero lately?
I don't disagree but they can say whatever they want but what matters is what is actually happening. They've been talking about DBar, VM and S. TX for a long time now... What we are both looking for is some statement from Tony about forward looking prospects, which will come in the End of Year report or 10Q. Sooner would be much more appreciated.
The plan laid out in the last Q report was pretty solid but as you can see nothing ever runs smoothly... Get Mustang Island pumping oil and gas(CHECK!), first oil sales reported to the TRRC(CHECK!)- Exxon pipeline down for repairs, no oil until this is fixed.... VM said to be started in Q1 - what's up with Montecito lawsuit?, loans - still waiting, Dbar - still waiting, S.TX - still waiting ... Not everything can be done at once. All of the financing depends on Mustang pumping oil which is held up at the moment. Tony has sold of some equity in the Mustang Island overriding interest which will help fund other projects. We just had the holiday break, people are probablly still on vacation... Even the best plans are subject to disruptions, that's life.
I agree with Amber... I also think that Tony should stick with a consistent pattern of either blogging or not blogging, not when it only suits his purposes.
That's why they are required to report quarterly to the SEC.
Tony put an event in play like building the platform then he provided regular updates. Right now he's trying to put together another event(s)/project(s). When he has something to report he will. If he reported on things now that are not solidified then he'd be viewed as a pumper. He does blog about material events when they're happening. Not may other CEO's are as in touch with their shareholders as much as Tony,even if he's been quiet the last few months. BTW, he's only been with the company less than a year!
So you think he just fell off the face of the earth?
We shall see...
Who trades .28 cents?
If there was, would he admit it?
Still waiting, how much did that O/S increase from a few hours ago?
Oh really, how much did it increase from this morning?
Perfect! Thank you!
Nice find Jim, can you post a link? What document(s) did you find this? Thanks.
I wonder if this pipeline repair Is impacting Tony's financing options for WGAS activities. Oh well, I guess I'll just have to buy more at these prices!