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ARET will be Big. We are seeing the beginnings of a great company being built.
Possibly .0003 and if real lucky for a couple trades could see .0004! However Gerald and Tony Sklar along with Dror have proven they are content at diluting 100s of millions of shares at .0002/.0003 !
What a story! What a carrot!...to wave in front of unsuspecting innocent investors. But is it enough for PRMO (from what you say now is Tony Sklar picking right up where his Dad left off) to sell the 10 Billion shares they added to the O/S? So PRMO (Tony Sklar) can fleece all that money from PRMO's shareholders and hey they still keep all the gold which no one has seen or verified in their 10 years of claiming to have millions of dollars worth of gold.
Just Beautiful the way PRMO continues to set up new groups of investors and rob them blind.
Of course it wouldn't be that way if they prove they have all that gold.
Nice if any of it is true.
PRMO's been saying they have this they have that they have millions of dollars of gold.....yet their shareprice remains at .0001/.0002 and they never verify or prove not ONE thing they say they have.
PRMO has been doing this for 10 years! It would be nice if they have what they say they have. It would be even nicer if they would prove it.
In the mean time even with all the millions of dollars of gold they say they have they sell and sell and sell more and more and more shares into the market and dilute and dilute and dilute PRMO's stock to nothing.
Now they have 20 Billion shares which is more then both Microsoft and Exxon put together.
Looks like they can continue to sell shares to unsuspecting innocent shareholders, fleecing PRMO shareholders of even more money for years and years and years to come.
Drilling for domestic oil needs to become a priority for US National Security. Money should flow into US Junior Oil companies who will caring the majority of the burden for future US Oil.
The shorts had heavy heavy downward pressure on the stock when the news hit. The news takes a day or two before it gets digested by the market. So buying from the news is a delayed reaction. The action in play was downward shorting pressure. So that shorting pressure continued til closing. Next week could be a different story as the market can digest the news over the weekend. Early next week buying should start coming back in and a reversal should very well follow that and back up we go.
I'm not sure everyone quit understands the magnitude of what ARET is going to be unfolding here. In time as the news comes out all will start to clearly see.
That showed production steadily growing and when the new drilling programs start it will add to that and excellerate it. Oil pushing $100.00 a barrel and the deal struck at $43.00 a barrel. Huge potential coming to us shareholders in ARET!
Buy this stock and hold it tight. It will be well worth it. IMHO
No one knows if any dilution will take place. We have yet to see the details of the deal. I'm guessing a multi 100 million dollar growing into a Billion dollar company can easily support more shares and a lot higher share price. As news comes out we'll all see just what is in store.
LOL great news comes out and MMs start a walk down on 5000 share hits. Hold tight and don't get shaken out all. .15/.20/.25 is coming.
<<<NEWS>>>
Arête Industries, Inc. Announces Renewal of Deal for Purchase of Oil & Gas Properties
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Symbol Price Change
ARET.PK 0.0750 -0.0049
{"s" : "aret.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Press Release Source: Arête Industries, Inc. On Friday February 25, 2011, 12:24 pm
WESTMINSTER, Colo.--(BUSINESS WIRE)-- Arête Industries, Inc. (OTC—PK: ARET) announces that the Company has signed a renewed definitive agreement to purchase oil and gas properties in Wyoming, Colorado, Kansas, and Montana expected to close during the week of March 14, 2011.
The deal, a renewal of the deal announced March 29, 2009 was adjusted for any changes in existing well operations during that interim period. The Company expects to purchase the properties during the week of March 14, 2011. The purchase price remains at $10,000,000 in cash and other consideration. The purchase will be financed with bank debt and loans from private sources. A reserve study is being conducted by Ryder Scott Consultants LLC and a summary of that study and related documents from the agreement will be published upon closing of the transaction in March 2011. We plan to complete our evaluation of the properties and leases and plan to have a development plan in place by early April 2011.
We plan to complete the remaining filings due for Arête Industries, Inc. and be current by the early part of the week of February 28, 2011. “This has been a long time coming and we have worked very hard to make this happen. We are evaluating the pipeline operations and are looking at ways to increase revenues from that operation. We expect that the acquisition of these assets will be the start of our long term development plan for Arête,” stated Donald W. Prosser, Chairman of Arête Industries, Inc.
About the Company
Arête Industries, Inc. is a publicly traded company. The Company is the operator of a gas gathering system and is in the process of buying oil and gas properties in the Rocky Mountain Region of the United States.
Statement as to Forward-Looking Statements.
Certain statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein. These statements may include projections and other “forward-looking statements” within the meaning of the federal securities laws. Any such projections or statements reflect Arête’s current views about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from those projected. Important factors that could cause the actual results to differ materially from those projected include, without limitation, Arête’s inability to meet the conditions to acquiring its current business including providing financing to provide for servicing current and new contracts; unexpected difficulties encountered in the investment market, competition, government regulation or other action, the ability of management to execute its plans to meet its goals and other risks inherent in their businesses that are detailed in their Securities and Exchange Commission (“SEC”) filings.
Green bid Monster starting to eat shares. We could start moving back up now.
That is true. And what we see right now are some Angry shorts trying to shake out shares. Don't fall for the tricks. Hold tight and the price will come back up.
I'll contain my excitement in anxious anticipation for the now but will be ready to celebrate when it all breaks out!!!
Thanks for the heads up and good luck to us!
I see NPER doing great things for us!
I read it as Q meaning Oil and Oil and more Oil to come out of the ground and into ARET's coffers!!! The Dinasouras is the Mother Load of Fossil Fuels!!!!
Black Gold, Texas Tea!!! ARET for you and me!!!
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If one does their DD correctly they will see that ARET has much much more room to move up. Check out DNR closely and be sure to include the PUDs. The Market Cap for ARET will soon support 100s of millions of dollars. ARET wants to grow into a Billion Dollar company. This is the time to BUY BUY BUY and hold on very tightly to each share as it heads to .25 and beyond. Some have been telling people to sell since ARET was a penny and those who took that advice have lost so much money now. It is so horrible that such disgusting individuals would cheat innocent people out of so much money. Greed is a terrible thing and those who wear it are so Ugly! I hope those here do their own DD and see what ARET has instore and are not swayed by the evil greed of many manipulators.
ARET will go to .25 and beyond. Check out Oilbull's posts and read carefully. You will see where ARET is heading.
I am buying and holding. That is what I see is called for now.
Good luck Slim with your strategy. I for one doubt it will work for you due to how ARET has been trading and the pattern it has established. Seems ARET's pull backs consist of about a penny to a penny and a half. If you raise your mark to .07 you may have better luck. For any of us already in the stock we know we can't sell and get back in lower because the Ask will not go lower then the bid we have to sell at. So we/I hold all our shares for .25+. I hope you get your shares and can be with us when we reach the .25+ prices. GLTA
Another ARET week coming to an end as it is Friday. And so far another exellent week it has been too for ARET. Let's see what today will bring us. News? Green? Sure hope so.
Excellent so you are holding your shares now as I am holding mine. Both waiting for higher pps. Great minds think alike.
Hold tight (even buy more, still an excellent time for that) and cash in big as the pps goes up up up.
Did you read up on DNR?? And email oilbull to learn how to navigate the pulic information site on DNR's revenues, production, etc... Great revenue, profits, and future drilling sites are coming into ARET. ARET at present is undervalued for what is coming. .25 will be just starters for the pps as I see it.
Exactly just wait for the Big Money. No sense chancing missing out by trying to flip ARET. Besides look at the chart. Anyone trying to flip it will lose out completely. Hold tight to your shares and enjoy great value after the announcements are made.
Well we don't have to worry about all that with NPER. NPER is just a shell that we/I are speculating will do well once it's intentions are announced. No Promo, No Fanfare, No nothing here but a shell.
Every investor makes their own decision based on personal situations and risk tolerance. But for me ARET hasn't even began it's move to higher prices yet. Too much news and good things to come.
Always, always, always the MM's "take 'er down" before they "let 'er run".
Always.
Todays trading activity shows BEAR RAID tactics par excellance, meant to shake out the weak hands from their shares.
Experienced traders know todays activity is a very good omen, and portends of great things.
Remember, MM's know of impending events/PR's, and manipulate/trade based on this knowledge.
We are close to blast off now. I mean to say...very close.
This I have seen before. This is going to be fun.
I think those Qs could come out anytime too. It shouldn't be too long a wait now.
I wouldn't know anything about momentum or the history of all the buyers as to when they will or will not sell. I just know I buy and hold and accumulate my shares to sell at .25 or higher prices. And just a few at a time depending on how much money I need. I think ARET will keep growing and be a huge company someday. JMHO
A very slow day today................which might be good for a breather.
I just really feel some very good things are going to come to NPER as MDMN news hits and the mining JV gets revealed.
Thanks Funky, good luck to you. I feel you'll do great with MDMN. They just got to show they have the money. Hopefully sooner than later.
Thanks Handshake, your opinion means a lot. I've decided to stay the course. I started with NPER and will remain with it. Good Luck to us.
I think they are both worth owning. But I only have so much money. That is why I concentrated on one.
You have a convincing way. And you sold almost 4 mil NPER to buy the others. That does say something about your conviction. Thanks.
Thank you too Drew. I appreciate the advice I do. And it is not falling on deaf ears. Big things in store for MDMN/CDCH! I hope the money is announced soon and the show can get rolling.
Oil at $99.00!!! $100.00 here we come.
Thanks for the advice. I appreciate it. I will see what I can do. I do believe you that MDMN will do very well.
Thanks for the well wishing. Speculation has it's risks and it's rewards. As I said time will tell.
Based on me. What is there not to get? I get 4 times as many NPER for the same money as MDMN so if NPER only does half as good as MDMN I'm still ahead of the game. No one gets a nice clean shell like this to do nothing with it. When MDMN shoots up in value then we will see what, if anything, comes of NPER.
Speculating on a different angle. I'm guessing they have plans for NPER that could make it's stock catch or surpass MDMN. Pure speculation on my part. Time will tell if I made a good choice or not. I hope you do well with your MDMN.
I agree. This is as low as anyone will probably ever see it again. JMHO
Hey Hookmeistr, good idea to post and buy more NPER. MDMN is perking up a bit today so maybe NPER will follow suit? Your buy should payoff in time.