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people think that oil that has been there for millions of years is going to disappear because the tool broke...thanks for yesterdays gift!
Go to stocktwits. Tons of holders there.
P&F chart now shoes $1.69 likely
https://stockcharts.com/freecharts/pnf.php?c=GTE,PWTADANRBO
Sorry, missed the decimal. $1.31
P&F chart shows $131 likely
https://stockcharts.com/freecharts/pnf.php?c=GTE,PWTADANRBO[PA][D][F1!3!!!2!20]
What else does this company going on? Any production? Any earnings?
RECAF busting a move, hope it holds. Insiders holding went from 18-23%
Too early to sell. If you try to play it, may never get back in.
Might as well ride it.
If that your target, or someone elses target? Do you got a link?
Any rumors to cause todays selling, or just retracement, profit taking?
Copy & paste from one of th GB pages.
Apparently Haywood Securities have increased their target price to $7 CAD which is about $5.49 USD ????
Probably June....im sure they will need some time to sort out some data. They have said they will wait for all the results before they release any well specific data.
See what the new year will bring on this one....GL to all.
I nibbled a couple@.142. RECAF doing great today also
I also picked up a little more. Must be going up for a reason.
Seems to be taking off this AM. 40% hope it holds
Up .25, 1,200,000 volume....thats more like it! Im glad something went up in my portfolio....I like to see good volume with the price
From the F B page
"I have copied this informative post from the Stockhouse board.
QUESTION: Will the company complete all 3 drill holes before we know results or, as drills are complete we get to know the results of each hole like with gold stocks?
How long does it usually take to drill hole 1 (in days) and then to get results back (in days) from lab confirming a petroleum system in place?
QUESTION: It really depends on what is found. I think they have said they would like to drill all the wells and have them analysed first along with the seismic and release it as a batch. Each well is 30-40 days and another 30 or so to analysis (it should be rolling after each well). So, the end of April early May would be the planned release date. I believe a timeline was on one of the slides from Houston or it was mentioned during that.
They have said a Christmas spud, I doubt that because of covid, Christmas and new years but what do I know. I think the earliest results would be March with an outside date of May.
But if the data gives the reservoir engineers enough confidence to revise estimates (or rig-hands friends and family start buying too much stock driving up the price), that is material and they will be under pressure from the stock exchange to release it sooner. As a batch would be better for the company to better price farmouts and financings. I’m investing on a 2-3-year time horizon so that’s what I want but know it may need to come out sooner."
It's all good at this point ! Letting it ride a little longer, then will decide..
I saw it in an article that an analyst said getting the rig over there and finding something was going to make the stock worth $2.50C, I think that's 1.90 US....I'm thinking about selling half before they drill because I bought too much ERHE and they got dusters when they drilled.
Closed @ 1.59
Do you think this will run past $2.50C in the next month?
I can top that....today I found a BKMP cert from 2006... 20 BILLION shares. I sure know how to pick them.
I have 10 billion shares of this from 2006. Am I rich?
I have enough to make it interesting, but I got to be cool with it because I lost my ass on ERHE years ago....
Never heard of it, ill check it out. Thanks!
Can you say what board? Not much discussion here.
$1.10 over 500k volume
Is that what they said, they will wait to disclose resulys until all 3 drilled ?
Might be a good time to pick up a few shares if your so inclined ... News should not be to far from here.
Hope we blow through $1 quickly. Sometimes these get stuck at the line.hope this one is different.
Anyone hear any news, or rumors today?
Volume seems healthy for a small company like this?
Well get while the gettings good on gold....this Is just an interesting longshot play that could have a nice payday in the future...good luck!
They dont have any oil yet so they are not going to make money at any oil price right now....they are going to try and find some...they will drill in November I think, so the stock price is going to waiver up and down.
Well, not too much going on right now, I picked up a little bit. Good time to buy when its quiet. Picked up some for africa, but no word of anything going on in Mexico? I have to be careful with these little oil companies because I got burned with ERHC...
Another (paid) article, nice to see a minnow oil company actually being promoted
https://oilprice.com/Energy/Crude-Oil/Is-This-The-Worlds-Next-Oil-Hotspot.html
Solid move today, your post looks to be correct. Any idea when they may actually drill?
That is awsome, thanks !
Can you please explain what you mean pink current? Thanks.