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I hate going into any weekend, let alone a 3 Holiday weekend short on US Oil Co's striving to find and produce Oil and Gas right here within our controlled boundaries. No pun intended.
Factor, a .006 variance between bid ask, working upward
Factor, after the news release of early April I think we were given a viewing of what this stock could be worth if/when certain statements are made by Mmgt. We saw trading stabilize (I'm not sure I should use the word stabilize) at near .005 levels and surge to .03 with the word that our lease appropriation phase was complete. Looking back to share movement through the reevaluation phase resulting from the 5-1 split of last August I can see us at .05 with word of discussions relating to drillers scheduling. $.10 on a set drill date and $.50 if they pop a good one.
Your right about the difference in total lease rights company to company. However, if WBRS has land wind lease ownership in Poland that could throw our lease to lease evaluation off as well. Hell of a lot of ifs aren't there?
Jstone
I appreciate and share your focus on the short position. However,in review of the historic movement of this stock I can't help but believe we've many still holding shares for .004 or even below. I see many transactions going thru lately for only several thousand shares trying to maintain this price level.The potential spike in reaction to an announcement that only discussions are underway with drillers would give theses shorts their due. Yet since we are only awaiting news of future possibilities the short position is an understandable wager.
What say You?
What a title you have. Ya must have really been experiencing a bad day when you gave yourself this name.
Hell of a decision you have there.
At this point with FPPL having 11 Federal Leases geographicly diversified in very high probabilty areas one producing hit and your 2 M shares could be worth $1 M. This is using $.50 a share.
Of course my numbers and thoughts are mine; to profit or lose on. Fortunately, I've hit more than I've missed. The risk is of course high here and the potential rewards high as well. I am thinking of a new bass boat next fall. Some have hopes of building a new home.
If you really are "iseemtobewrongalot" do just the opposite of what your mind and gut say to do and see if your results flip.
Aw Hell, it's all fun!
Many fortunes in your trading,
Jstone
Factor,if we were to compare WBRS and FPPL's outstanding shares
we are trading almost perfectly even with WBRS. WBRS shares outstanding as of last record (PinkSheets)54 M and FPPL 398 M which is approx. a 7 to 1 difference. The math related would place FPPL at appox. .009.
As one looking at both these Co.'s and especially focusing on lease areas I'm wondering which of the aforementioned Co's will be shuffled into the other.
My "MM", me, is asking .20 for my base share holdings.
INDEED
Once again, thanks.
Unknown, what's your tech. readings and gut telling you this means?
Thanks again I've appreciated your time investment.
Followed almost immediately with close to 300K rolling across. Feels like an e-trade purchase
We are flatlinning with 2,000 shares sales holding us at .01
Thanks for your DD. Could be, like most other Co's. in US they will look to India for phone traffic interceptions, LOL..
Whom do we believe the "team" is? Also, I've run across CEDE & Co. as a manager of certain shareholders positions mentioned and what I've found this operation to be is a legal research operation for investors. Any input on this?
No dance detected.
Ditto, except for the "no brainer"... we've still only leases with expirations to base our wagers.
Getting harder and harder to gather shares to match the market at this price.
Any input on the comfort setting with the .01 X .013
Your good! Thanks, In review of Mr. Moar I came across his involvement with EuroWind (now FPPL)and Wysak (now Wildbrush) and I overlooked this release. Have you knowledge as to any of these operations actually having obtained land lease rights to build a wind complex?
Interesting info, thanks. However, I haven't run across anything stating he has or is close to securing any financing for a "proposed" wind operation in Poland. Poland, the US is where he should be pursuing Wind at this time. I've a bit of history with Wind Generation of Electricity here and its hayday is right on the verge of exploding.
If merger is to be we have the man at the helm. Mr. Moar seems to have some history of involvement in merging, splitting and renaming Corporations. With what we know, our future value is dependent upon one man; his integrity, exact location of his acquired leases,and his ability to sell a deal.
This day to day downward trend in price is allowing me to better my position. I wagered big on Bernardini last Saturday at the Preakness and I believe I'd have won even if Barbaro hadn't been injured. So, I'm an adult, if I've allowed myself to be scammed, so-be-it.I'm going to give the man the summer to show me what he can do.
Thanks for the attempt. I'd wager Mr. Moar keeps a minimum staff, if any at all. At this stage why throw money into personell when 1 person dealing with an accountant and a central answering service to direct (misdirect) calls is all that is necessary.
If I were him my personell would be restricted to the person pulling (carrying) my golf bags. One must just hope he's attempting to do deals while walking (riding) from one green to another.
I'm not expecting anything, not any news at all from Mr. Moar. This man has his hands completely around WBRS and FPPL. He has secured leases (my guess would be around 10,880 acres total using 17 total leases between co's. and each at appox. 640 acres or one section)consisting of submitting paperwork to the Government and waiting to hear of acceptance. According to the numbers he submitted on his report Oct 31.05 he's burning 34K in general and administrative cost per quarter. I'm not going to hold my breath and wait for news. If we get anything in June I'll be pleasantly surprised.
I like the blend of Geographical locations he's been accumulating leases and since taking a position in this stock I can only he's up to the task of finalizing a deal(s).
Finding a partner to bring a rig on site and sink a cool million plus into drilling in an area where 100 wells are active on a weekly basis is not only hard to do put scheduling is precarious.
I would hope that since the leases are on a one year basis that he is at least actively pursuing such advancement.What would be nice, but not his style is to inform those of us (126 investors as of I believe 11-05) that he is pursuing deals.
WYSK is now WBRS (Wildbrush)
Roguewave, not bordering at all. My USO holdings are 100% speculation. I've played MRO for the last 18 months and made money. I've played OXY heavily as well. Most of those months I tried to match my Equities buys/sells by the peaks and dips in Crude. My Jr. oil company play was TGC which I started buying @.50 and sold all but 5000 shares up to 1.92. I learned of FPPL
and began taking a position.
And, moving higher. Caught me unexpecting, I was playing it down another day and to then build on my USO. Oh, well I'm still in the game.
With the size of the short one has to wonder if Moar himself isn't doing the shorting. It would be easier for him to make a $ off his shareholdings than going out and working to get his leases past their present position.
I suppose it is time for Daniel Moar to prove himself. With his history of news releases/lack of them getting to work and accomplishing something for the Company would benefit us all. This high short position is understandable. Their betting the status quoe will remain the same.
IRAN . . . One need not the ability to read between
Nothing personal. In retrospect I should have stated that differently. Let me try it this way: Why share the revenues with an outside money source (banker) when most of the energy services companies, the wildcatters and of course the majors are all swimming in cash. The costs of drilling and overall production are high enough. If we start our next phase of operation by absorbing extreme expenses to create revenues I don't think the risk/reward ratio would be worthy of my money. Thus my position on sharing with a banker.
Most certainly true. And, as the crude/gasoline/distillates continue to climb so will the cost of production of electricity. Add to that our electricity distribution network's sad state of atrophy and we're blind/dumb if we can't see the incredible increase in cost to discover, produce, deliver , refine, generate and distribute all forms of energy that ours and the rest of the developing Countries of the World are using at break-neck speed.
With First Petroleum I see an operation with a small portfolio of leases in strong reserve areas that don't have the burden of numerous employees and large expensive equipment to pay and maintain, all requiring attention. With only land leases they are flexable enough to diversify by having majors or wildcatters absorb the drilling expenses. In their shoes I'd galdly take a 32nd, 16th, hell less. And, once they achieve some success, i.e. revenues, they might try drilling one themselves. The table is open to anties.
I'd much rather gamble my money on this table than one having to be in bed with some damn banker!
Just my thoughts.
Plus, if the majors will not be allowed to drill off-shore than they will be more receptive to drilling on leases we own in areas with known reserves until the mood in Congress, if it ever does, changes. I would think if the Government were to stay out of the Markets way eventually higher prices of gasoline would change the moods of most US citizens and the arguments of tree-huggers and such would give way to agreement that the short term answer to high World Crude prices is to drill our way out of the woes of today.
Thanks Monkey Dog, it does help me in that my investment strategy continues to hold value.
It has long been my belief that as the majors continue to buy each others reserves and strive to find that next major,as yet unfound, reserve in the dangerous and hard to get to areas of the World that my investment dollars will continue to be in small start-up companies willing to take risks right here at home.
WMBZ, very interesting read. Thanks for posting it.
Yes, a good start! Considering the market took a major stumble over the last hour of trading I think holding our own was quite an accomplishment. What are your thoughts concerning tomorrow?
Saddled up, feet in the stirrups and now it looks like we've been backed out of the gates. What do you think someone testing the waters?
The largest typhoon in recorded history is, at this moment hitting the eastern cosat of China. The seasson has begun. Natural gas has gone below the 15 month price on a larger than expected supply in our reserves. And, yes it would be nice to hear a word from management in regards to what it is they are doing. That is if they have time between rounds of GOLF.
The largest typhoon in recorded history is, at this moment hitting the eastern cosat of China. The seasson has begun. Natural gas has gone below the 15 month price on a larger than expected supply in our reserves. And, yes it would be nice to hear a word from management in regards to what it is they are doing. That is if they have time between rounds of GOLF.
Let's do the sooner, rather than later. I will fishing in Montana from the 29th thru the 10th of June and I'd really hate to have to "sell in May and Go away" or, be thinking about this play rather than that trout lurking in yonder pool!
When your done with the knife let me take a few swipes as well. How dare that b...... taking a few of our toes with him in the last 2 minutes of trading. Oh well, tomorrow we'll probably have to take the same treatment unless we get a "pump" from somewhere. I'm thinking our CEO is concentrating more on his Wildbrush concerns at the moment.
In review the spark in volume started around the 25 of April. Yes, May 1 was a very good day with a 50 of so % gain but historicaly on 7 of the 9 news release days back to June 13 the stock price closed down on the release of lease aquisitions. Makes one wonder!
I like the concept of where the leases are and the potential of future value, yet my conservative side says to head-under-ground. I've accumulated 1.5 M with a base of .0105 and feel it's time to stop. I was hoping (will get ya in trouble every time) to aquire another .5, but I think I'll call it quites and risk only what I've currently placed on the table.
Help please, I've been trying to understand what catylist drove the tremendous action back on the 2nd of May where we had over 300M shares trading. I am certainly grateful yet I don't completely understand what initiated this firestorm.We hadn't any news of great value since the 7th of April and then out of the blue we have ignition. Any help?